Skip to content
Subscriber Only

Seagate Raises Prices While Bracing for Worst in Thailand: Tech

Compared with the scores of companies in the disk drive industry with operations in Thailand, Seagate Technology Plc is lucky.

Only 180 of its 15,400 workers are among the 13 million people whose homes have been swamped. The floodwaters that have engulfed much of the industrial heartland north of Bangkok for the past six weeks have spared both of Seagate’s sprawling Thai factories, Bloomberg Businessweek reports in its Nov. 21 edition. In fact, the weather at Seagate’s plant in Teparuk, which is outside the flood zone, has been uncharacteristically dry, says Thailand country manager Jeffrey D. Nygaard.