Strategy and Financial Results of Hitachi GST

Hitachi GST has published a PDF document where president and CEO Steve Milligan explains the strategy and give some interesting figures on the HDD manufacturer, the market and the competition.

During the fiscal fourth quarter ended March 31, the company records $1.49 billion in revenues, up 42% from the same three-month period one year ago, with gross margin of 28.9% and operating margin of 14.9%. Operating profit was $217 million for this last quarter from a year-earlier loss of $57 million.