Obama Energy Investment, $0.20 Return On The Dollar

August 24, 2012

Surprised that some company would pay that much for a factory that was designed to produce something that much different from original intent. So that’s a good deal.

$0.20 cents of the dollar, for Obama energy development investment. Good deal for taxpayers, don’t you think? I wonder what the whole regime will bring? I doubt that would be that for whole regime.

Taxpayers are about to take it on the chin again when it comes to solar-panel firm Solyndra, as the now-defunct company looks to sell off its glimmering headquarters for a fraction of the original price.

Bankruptcy court documents filed earlier this week show that Seagate Technology — which makes hard drives and other storage products — is offering to buy the Fremont, Calif., building for $90.3 million. The original building cost was cited in earlier documents as roughly $300 million.

The offer, though not final, became an instant political football as the Romney campaign used it to resurrect accusations that the Obama administration gambled, and lost, with taxpayer dollars. The government gave a $528 million loan to Solyndra.

“Solyndra is the ultimate symbol of President Obama’s failed attempts to pick winners and losers in the free market,” Romney spokeswoman Andrea Saul said. “The Obama administration’s decision to put its friends and donors ahead of taxpayers was wrong, and even the sale of Solyndra’s palatial headquarters won’t make things right.”

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Hey it’s a short sale, what did you want.

The Ultrabooks Are Coming, They Are Arming Up With Cache SSDs

June 15, 2012

The proliferation of thin ultrabook notebooks will keep cache solid state drives as the storage market leader, IHS reports.

Cache solid state drives (SSD) will remain the mainstream storage solution for Ultrabooks and other super-slim notebooks, according to IT research firm IHS’ iSuppli Storage Market Brief report, although the study noted Hybrid hard disk drives (HDD), which contains a built-in layer of NAND flash memory, may offer the advantage of consolidated storage in the Ultrabook format, which is becoming increasingly popular as more advanced models from major vendors hit the marketplace.

Shipments of cache SSDs, which cache SSDs are employed as a separate memory component alongside a hard disk drive (not together in one housing unit), are projected by IHS to rise to 23.9 million units this year, up by a whopping 2,660 percent from just 864,000 units in 2011. The research indicates the market has nowhere to go but up, with shipments jumping to 67.7 million units next year and crossing the 100 million-unit mark in 2015. By 2016, IHS is projecting shipments of cache SSDs will hit 163 million.

Meanwhile, shipments of hybrid HDDs are expected to double this year to 2 million, and will reach 25 million units by 2016. The report projected a third form of flash storage—dedicated SSDs that contain no cache component—would reach 18 million shipments this year in consumer applications, a figure that will ramp up gradually to 69 million units in 2016, as ultra-thin notebooks continue to gain market share.

Hybrid HDDs consist of a traditional hard disk drive and an integrated NAND flash layer within one self-contained form factor, like storage specialist Seagate Technology’s Momentus XT hybrid product, up to 8 gigabytes (GB) of single-level-cell NAND and 750GB of memory on two 2.5-inch platters. Seagate is not alone in this market, with major rivals like Western Digital and Toshiba also planning hybrid HHDs containing 8GB or more of NAND cache.

It’s fairly simple to replace the hard disk-drive in your laptop with a SSD caching SSD. Makes it lots faster for near everything. Just get one with the biggest SSD cache.

Seagate Reaches 1 Terabit Per Square Inch Milestone In Hard Drive Storage With New Technology Demonstration

March 20, 2012

Seagate Pushes The Limits, vertical recording reaches terabyte per square inch areal density. Here is their complete press release.

CUPERTINO, Calif. – March 19, 2012 – Seagate (NASDAQ:STX) has become the first hard drive maker to achieve the milestone storage density of 1 terabit (1 trillion bits) per square inch, producing a demonstration of the technology that promises to double the storage capacity of today’s hard drives upon its introduction later this decade and give rise to 3.5-inch hard drives with an extraordinary capacity of up to 60 terabytes over the 10 years that follow. The bits within a square inch of disk space, at the new milestone, far outnumber stars in the Milky Way, which astronomers put between 200 billion and 400 billion.

Seagate reached the landmark data density with heat-assisted magnetic recording (HAMR), the next- generation recording technology. The current hard drive technology, Perpendicular Magnetic Recording (PMR), is used to record the spectrum of digitized data – from music, photos, and video stored on home desktop and laptop PCs to business information housed in sprawling data centers – on the spinning platters inside every hard drive. PMR technology was introduced in 2006 to replace longitudinal recording, a method in place since the advent of hard drives for computer storage in 1956, and is expected to reach its capacity limit near 1 terabit per square inch in the next few years.

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Seagate Awarded $525 million in Arbitration with Western Digital

November 22, 2011

Western Digital announced today in a press release that the arbitrator for a Seagate vs. Western Digital complaint sided with Seagate and ordered an award of $525 million paid to Seagate. The arbitration was initiated when Seagate alleged misappropriation of confidential information and trade secrets by Western Digital once a Seagate employee defected to Western Digital.

CEO John Coyne intends on challenging this award, stating that WD believes “the company acted properly at all times” and adding that the ruling “does not affect our ability to conduct our operations, to complete the recovery and recommencement of our Thailand operations”.

Along with most other hard drive manufacturers such as Toshiba, Hitachi, and of course Seagate, Western Digital is suffering losses after major flooding recently struck Thailand operations. DigiTimes reported that Seagate anticipates a 10-18% reduction in hard drive output as a result of the flooding, with other manufacturers surely similarly affected, resulting in a hard drive shortage for the coming months.

Source: Press Release

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