Wednesday, October 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ZOTAC Injects Palm-Sized ZBOX nano XS with Double Dose of Performance
Corsair Releases The Flash Voyager Vega Flash Drive
Mozilla Unveils Firefox-powered Matchstick Streaming Adapter
New ARM Solutions Reduce Time to Market for FinFET Designs
LG 34-inch Curved Monitor Now Available
Comcast Offers Cloud TV In San Franscisco
AMD Demonstrates Network Function Virtualization Solution on 64-Bit Embedded R-Series SoC
Apple To Release New "Gold" iPad Air: report
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > General Computing > Maxtor ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, January 26, 2005
Maxtor won't think small after all


Accorind to Cnet, Maxtor said Monday that it has decided not to go ahead with previously announced plans to make a 2.5-inch disk drive and would take charges of $5.4 million to $7 million as a result.

Maxtor said it made its decision on Jan. 18, adding that it expects to spend $7.6 million to $9 million to pay third-party vendors for tooling, equipment, and component parts inventory related to the suspended disk drive. A company representative was not immediately available for comment.

Two-and-a-half-inch disk drives are used in notebook personal computers to store software programs and data. Toshiba and Hitachi are among the biggest makers of the small drives. Seagate Technology not long ago re-entered the business.

Maxtor had planned to introduce the disk drive in 2005, the company said in a filing with the U.S. Securities and Exchange Commission. Shares of Maxtor fell 20 cents, or 4.4 percent, to close at $4.36 on the New York Stock Exchange.


Previous
Next
Creative Announces E-MU's Proteus X Desktop Sound Module        All News        AOpen Announces Best-in-Class Display AGP Cards for Advanced Graphics and 3D Games
Adaptec and Vitesse into strategic alliance     General Computing News      Microsoft cracks down on Windows pirates

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Maxtor Announces 1.5TB Storage Solution
Seagate Introduces New Maxtor Desktop and Notebook Hard Drives
Seagate Seen Buying Maxtor
New Maxtor OneTouch Solution Hits a Terabyte
Maxtor Intros 3Gb/S SATA II Hard Drives
Maxtor Bypasses PC with Home Network Drive
Maxtor Unveils 500GB Hard Disk
Maxtor offers OneTouch II external drives
Maxtor Unveils New Ultra16 Hard Drive Kits
New Maxtor OneTouch II Drive Raises the Bar In Consumer Backup
Maxtor Rethinks Warranty to Stay Competitive
Maxtor considering warranty boost

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .