Asia Pays Off for Seagate

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Asia pays off for Seagate
Amid an improving global hard-disk drive (HDD) market, Seagate Technology said revenue from the Asia-Pacific region crossed the 50 percent-mark for the first time in the company’s history, according to an executive. Teh Ban Seng, vice president and managing director of sales and marketing, Seagate Asia-Pacific and Japan, said the company’s revenue from the region accounted for 53 percent of overall revenue in the first quarter of its 2010 fiscal year, ended Sep. 30. Asia-Pacific revenue clocked 50 percent of total revenue in the following quarter. In comparison, the Americas region generated 26 percent of overall revenue in the second quarter, while the EMEA (Europe, the Middle East and Africa) came in third at 24 percent.