Seagate lowers production and sales forecasts amid weakening economy (webmaster@theregister.co.uk (Paul Kunert)/The Register)

webmaster@theregister.co.uk (Paul Kunert) / The Register
Seagate lowers production and sales forecasts amid weakening economy – US datacenter demand holding up, floundering in China. Consumers? Spending money on other things Seagates share price plunged this morning on the back of a lower than expected financial forecast that signals more cautious tech spending amid buyers fears of a sustained global economic slowdown. …

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