Seagate sells more high-cap drives as it climbs out of disk slump
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Disk drive supplier Seagate reported its first profit after five consecutive quarters of losses as major buyers upped their nearline high-capacity drive orders. Broadcom has acquired its ASIC assets, including development engineering and related IP, for $600 million in cash. Although revenues of $1.66 billion beat last quarter’s $1.65 billion guidance, they were down 11 […]