19/04/2002
Seagate announces third quarter results
Seagate Technology Inc, which has two facilities in Northern Ireland, has reported consolidated revenue of $1.8 billion and Generally Accepted Accounting Principles net income of $196 million for its third quarter ended March 29.
Excluding restructuring charges of $4 million the company reported pro forma net income of $199 million for the same period.
Seagate and its affiliated companies are controlled by New SAC, a Cayman Islands limited company. Its two facilities in Northern Ireland employ over 1,800 people between them.
At their Springtown water fabrication facility, the company develops and manufactures the recording heads which write information onto, and read information from, the recording disc inside a computer's hard drive.
Its Limavady facility, meanwhile, produces nickel-plated aluminium substrates, the core material on which computer hard disc drives read, write and store digital information. (MB)
Excluding restructuring charges of $4 million the company reported pro forma net income of $199 million for the same period.
Seagate and its affiliated companies are controlled by New SAC, a Cayman Islands limited company. Its two facilities in Northern Ireland employ over 1,800 people between them.
At their Springtown water fabrication facility, the company develops and manufactures the recording heads which write information onto, and read information from, the recording disc inside a computer's hard drive.
Its Limavady facility, meanwhile, produces nickel-plated aluminium substrates, the core material on which computer hard disc drives read, write and store digital information. (MB)
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02 February 2005
Seagate's external hard drive wins top design award
Seagate's External Hard Drive has won a 'Good Design' Award from the Chicago Athenaeum Museum of Architecture and Design in the museum's 'Electronics' category.
Seagate's external hard drive wins top design award
Seagate's External Hard Drive has won a 'Good Design' Award from the Chicago Athenaeum Museum of Architecture and Design in the museum's 'Electronics' category.
25 February 2002
Online bank Egg slashes pre-tax losses
Internet bank Egg has revealed it reached its breakeven target for the October to December period. The company also slashed its pre-tax losses by £67 million to £88 million in 2001 as well as reporting a 103 per cent rise in operating income. The bank's income also reached £189 million compared with £93 million a year earlier.
Online bank Egg slashes pre-tax losses
Internet bank Egg has revealed it reached its breakeven target for the October to December period. The company also slashed its pre-tax losses by £67 million to £88 million in 2001 as well as reporting a 103 per cent rise in operating income. The bank's income also reached £189 million compared with £93 million a year earlier.
23 October 2001
Belfast tech company gets share of multi-million pound deal
One of Europe’s leading customer relationship management (CRM) software players, Amacis is set to share in a deal worth £650 million.
Belfast tech company gets share of multi-million pound deal
One of Europe’s leading customer relationship management (CRM) software players, Amacis is set to share in a deal worth £650 million.
13 January 2009
Seagate Job Loses Loom?
Fears are growing that jobs are in jeopardy at a major North West computer engineering company. Workers at the prestigious Seagate plant in Londonderry will meet management tomorrow (Wednesday) as rumours intensify over cutbacks.
Seagate Job Loses Loom?
Fears are growing that jobs are in jeopardy at a major North West computer engineering company. Workers at the prestigious Seagate plant in Londonderry will meet management tomorrow (Wednesday) as rumours intensify over cutbacks.
02 July 2003
IT firm announce £90m investment
Leading IT company, Seagate Technology has announced it is to invest £90 million at its Londonderry plant over the next three years. The investment will help the US company's Springtown plant develop new technology that could provide computer manufacturers with hard disc drives that offer increases in storage capacity and performance.
IT firm announce £90m investment
Leading IT company, Seagate Technology has announced it is to invest £90 million at its Londonderry plant over the next three years. The investment will help the US company's Springtown plant develop new technology that could provide computer manufacturers with hard disc drives that offer increases in storage capacity and performance.
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