Seagate Technology (STX) downwardly adjusts Q4 shipment goals for hard disk drives to 41M-45M...

|About: Seagate Technology (STX)|By:, SA News Editor

Seagate Technology (STX) downwardly adjusts Q4 shipment goals for hard disk drives to 41M-45M units, due to the impact of flooding in Thailand, DigiTimes reports. Seagate had guided to 40M-50M units during its October earnings call. The company forecasts global supply of 110M-120M HDDs in Q4, short of global demand at 180M units.