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Seagate to pull out of Singapore? and enlarge production in china

Seagate Technology LLC (NASDAQ: STX | Quote | Chart | News | PowerRating) will move its Singapore-based factory to China in 2010, as an effort to cut manufacturing costs and raise profitability, according to Banseng Teh, the hard disk giant’s manager director for Asia Pacific sales.The Singapore factory will be closed next yearend, with its ... This is a content summary only. Click to view the full post...

 

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