Western Digital and Seagate shares bounce back as analysts downplay the Toshiba threat
Western Digital and Seagate shares bounce back as analysts downplay the Toshiba threat
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Even if Toshiba doubles its capacity, analysts say it has a ways to go to catch up with Western Digital and Seagate
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Shares of Western Digital and Seagate Technology were rebounding Monday as analysts assessed the true risk of overseas competition in the market for hard disk drives.
Both stocks fell sharply on Friday after a Nikkei Asia report discussed the potential for Japan’s Toshiba JP:6588 to significantly expand its production of this storage offering.
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