Hitachi Global Storage Technologies (Hitachi GST) has completed the
previously-announced acquisition of a substrate manufacturing facility
located in Sarawak, Malaysia. The facility, previously owned and
operated by Western Digital, produces aluminum substrates used in hard
disk drives.
“We are pleased to have completed the acquisition and expect the Sarawak
team to play an important role in the continued growth of Hitachi GST,”
said Steve Milligan, president, Hitachi Global Storage Technologies. “We
also extend our sincere appreciation to the Malaysian and local Sarawak
governments for their ongoing support of our efforts to develop a local
manufacturing presence and look forward to growing our employee base in
Malaysia.”
Financial terms of the transaction were not disclosed.
About Hitachi Global Storage
Technologies
Hitachi Global Storage Technologies (Hitachi GST) develops advanced hard
disk drives, enterprise-class solid state drives, and innovative
external storage solutions and services used to store, preserve and
manage the world’s most valued data. Founded by the pioneers of hard
drives, Hitachi GST provides high-value storage for a broad range of
market segments, including Enterprise, Desktop, Mobile Computing,
Consumer Electronics and Personal Storage. Hitachi GST was established
in 2003 and is headquartered in San Jose, California. For more
information, please visit the company’s website at http://www.hitachigst.com.
About Hitachi, Ltd.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan,
is a leading global electronics company with approximately 400,000
employees worldwide. Fiscal 2008 (ended March 31, 2009) consolidated
revenues totaled 10,000 billion yen ($102.0 billion). The company offers
a wide range of systems, products and services in market sectors
including information systems, electronic devices, power and industrial
systems, consumer products, materials, logistics and financial services.
For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
Hitachi trademarks are authorized for use in countries and jurisdictions
in which Hitachi has the right to market the brands. Hitachi is not
liable for third parties’ unauthorized use of Hitachi trademarks.
Hitachi Global Storage Technologies
Jim Pascoe, 408-717-7924
james.pascoe@hitachigst.com
