Sunday, October 04, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Buys Havok
Google Officially Becomes Alphabet
Microsoft Works On A Laptop Battery System That Adapts To Your Habits To Last Longer
Motorola Outlines Android Marshmallow Update Plans
AMD FirePro Graphics Powers New Dell Precision Mobile Workstations
Globalfoundries Said To Move To 10nm Development On Its Own
Nvidia Launches New Maxwell-based Quadro graphics For Mobile workstations
Microsoft Expands Licensing Agreements With Asus, I-O Data
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > PC Parts > Hitachi...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, March 22, 2007
Hitachi Closes Mexico Plant

Japan's Hitachi Ltd. said Thursday that one of its subsidiaries would close a plant in Mexico with the loss of about 4,400 jobs as the technology firm reorganises its hard-disk drive operations.

The job cuts are equivalent to about 11 percent of Hitachi Global Storage Technologies Inc.'s 40,000-strong global workforce, the company said in a statement.

The closure of the Guadalajara plant is part of a broader restructuring plan that the company hopes will save it 300 million dollars over five years.

At the same time, Hitachi plans to expand its hard-disk drive operations in the Philippines, China and Thailand to bring them closer together.

The overall Hitachi group has been hit this year by weak sales of DVD recorders, lower hard-disk drive prices and the cost of repairs to damaged turbines supplied to two nuclear power stations.

It expects a net loss of 55 billion yen (468 million dollars) in the 12 months to this March.

The company said the restructuring should shorten its manufacturing process and boost productivity.

Hitachi Global Storage Technologies was founded in 2003 through the combination of the hard-disk drive businesses of Hitachi and US giant IBM.

Microsoft Combines Search, Ad Development Teams        All News        Microsoft Finds No Xbox Live Security Breach
Asus' Quiet Cooling Solutions     PC Parts News      Mushkin Released High-Performance XP2 DDR2 Memory Modules

Get RSS feed Easy Print E-Mail this Message

Related News
Hitachi Wearable Sensor Helps Working Groups Be Happy And Productive
Hitachi Wearable Device Monitors Brain Functions
Hitachi Technology Stores Digital Data In 100 Recording Layers, Data Can be Stored For 300 million Years
Hitachi HDDs Have The Lowest Failure Rate: report
Hitachi Combines SSD Tier And SSD Cache Methods in Tiered Storage Systems
Hitachi Brings New Flash, Unified Storage and Converged Solutions
HGST Launches the 1.5TB Mobile Hard Drive
Maxell Introduces First iVDR, BD, HDD Combo Recorder
Hitachi Maxell To Take Over Hitachi's LCD projector Business
Hitachi Says Hybrid Storage Pools Are Superior Than HDD, SSD Configurations
HGST Launches 1.2TB, 10K RPM Hard Drive
HGST Releases 1TB, 7200 2.5-inch Mobile Hard Drive

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .