Seagate Technology plc STX today provided an update to its
operations in Thailand in light of the severe flooding in the region.
Currently, all Seagate factories in Thailand are operational and there are no
logistical issues with employees reaching its factories. However, the hard
disk drive component supply chain is being disrupted and it is expected that
certain components in the supply chain will be constrained. Given the
volatility of the situation it is unclear what the magnitude of the supply
chain disruption will be to Seagate's hard disk drive output from its Thailand
operations.
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