For the notebook PC sector, the company announced the Momentus 5400.2 and Momentus 7200.1 products. The former are 5,400 rpm ATA drives intended for use in mainstream notebooks and the latter are 7,200 rpm ATA and Serial ATA (SATA) drives aimed at workstation-class machines. Both are available in 60GB, 80GB, and 100GB capacities. The slower drives will be available in the third quarter and the faster drives in the fourth quarter.
For desktop personal computer and entry-level RAID server use the company also announced the Barracuda 7200.8 series, which will be available in ATA or SATA versions in capacities of 250GB, 300GB, and 400GB. They are expected in the third quarter.
Seagate is also planning a range of three USB (Universal Serial Bus) external drive products based on the previous drives. Models based on the 1-inch and 2.5-inch products will be available in the third quarter and models based on the 3.5-inch drive in the fourth quarter.
For the enterprise sector the company announced four new drives.
They included the Cheetah 10K.7, which is a 10,000 rpm SCSI or Fiber Channel drive that will be available in capacities of 73GB, 147GB, and 300GB, and the Cheetah 15K.4, which is a 15,000 rpm SAS (Serial Attached SCSI), Fiber Channel or SCSI drive in 36GB, 73GB, and 147GB capacities. All of these drives are expected in the third quarter.
The highest capacity drive in the new line-up is the Seagate NL35-series drive which is a 7,200 rpm drive with a storage capacity of 500GB. The drive is targeted at use in nearline (between online and archive) storage applications and will be available with a Fiber Channel interface and is expected to be available in the fourth quarter. A SATA version will follow in 2005, said Seagate.
Rounding out the enterprise line-up is the Savvio 10K.1, which will also be available in the fourth quarter and is a 10,000 rpm drive in 36GB and 73GB capacities. It has an SAS interface and is intended for use in high-density storage applications.
The new line-up comes on the heels of the company's announcement last week that it plans to lay off about 7 percent of its global workforce, or about 2,900 employees, as part of a restructuring. The company is looking to reduce its operating costs by $150 million this year as part of the plan.
Seagate was hit by during the third quarter by a number of factors including lower than anticipated demand for the company's notebook drives. Shipments of notebook drives was around 1 million drives during the quarter against the forecast 1.6 million.