Seagate has started shipping the second generation of its Momentus XT, a solid state hybrid drive aimed at both consumer and commercial laptop applications, and the company's fastest driver ever for personal computers, Seagate says. Like the previous generation Momentus XT, this second gen drive moves frequently accessed data to a small chunk of solid state memory for faster access.
Hard drive maker Western Digital announced this morning that on November 18, 2011, an arbitration award of $525 million was rendered against the company by a sole arbitrator in a pending confidential arbitration action in Minnesota brought on by Seagate. Not included in that amount is prejudgement interest, which will be determined and tacked on at a later date.
We hate to be constantly beating the doomsday drum on the hard drive crisis in Thailand, but Seagate isn’t making any easier to give this a positive spin. According to Chief Executive Officer Stephen J. Luczo, Wall Street is talking nonsense if they think drive production will reach pre-flood as estimated in the summer of 2012. Instead Luczo estimates it will take a 
Now is not the time to buy a mechanical hard drive, not unless you absolutely have to. As you know, the recent flooding in Thailand hit the hard drive industry pretty hard (from a technology standpoint -- obviously the biggest tragedy here is the impact it had on people's lives), and even just a 1TB hard drive is going to set you back about $150 street, almost triple what they selling for prior to the flood. Is the shortage really that bad?
The impact of flooding in Thailand on PC inventories going into the holiday has been widely reported, but an obvious connection we’ve been missing has been raised by the New York Times, and it’s an important one. According to 
Since time began, man has looked at four- and five-platter 3TB hard drives and dared to say, “That’s cool, but when will we get hard drives with one terabyte per platter?” Man is impossible to please. Nevertheless, drive makers have cracked the 1TB-per-platter limit, and this year we’ll see 4- and 5TB drives, and even one-platter 1TB drives. The first 1TB/platter drive to cross our bench, though, is Seagate’s new 3TB Barracuda.
Seagate's restructuring its hard drive lineup in an attempt to streamline its selection and make it easier to shop for storage. It starts with the introduction of a new 1TB-per-platter hard drive simply called Barracuda, which for the time being will replace all three hard drive lines. Seagate will end production of its Barracuda Green drive in February 2012, and in the short term, the high end Barracuda XT line is being folded into the new Barracuda family.
Hard drive maker Seagate said it shipped 51 million disk drives in its fiscal first quarter for 2012 ended September 30, 2011. Seagate also reported revenue of $2.8 billion, up from just shy of $2.7 billion one year prior. Net income for the quarter fell to $140 million, or 32 cents per share, down from $149 million, or 31 cents per share in the same quarter one year ago, but still outpaced Wall Street's expectations, according to an AP report.
Got a hankering for some massive on the run file storage that Seagate’s humongous 4TB external hard drive just can’t fix? Give it time, folks, give it time. Seagate has been upping storage capacity for its drives on a pretty regular basis, and even though that 4TB drive debuted just last month, a Middle Eastern salesman for Seagate has hinted that a 5TB model will be unveiled as early as next January.
It’s a bad time to be one of the top two hard drive manufacturers in the world right now. Both Seagate and Western Digital maintain large manufacturing facilities in Thailand, which is currently battling extreme flooding that has sent people fleeing from their homes and devastated the nation’s infrastructure. Yesterday, Western Digital halted all production at its Bangkok-area facilities, and today, Seagate said that local supply chain issues caused by the flooding will probably affect its production schedule as well.
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