Oct 23, 2002

Seagate Expands Drive Assembly Facility At Wuxi

Seagate Technology today unveiled its expanded Wuxi plant in Jiangsu province, People's Republic of China. Situated in the Wuxi-Singapore Industrial Park, the new plant will address volume production for Seagate's best selling hard disc drives for PC and Consumer Electronics (CE) applications. The expanded facility also provides proximity to the rapidly growing Asia Pacific market and Seagate's extensive customer base in the region. Several key government officials, were honored guests at the ceremony today.

The Wuxi plant expansion represents another step forward in Seagate's efforts to strengthen its strategic presence in China.

"The Asia Pac region is a strategic base for Seagate in terms of both operations and sales," said Bill Watkins, Seagate's president and chief operating officer "Looking at the customer base here, government support for investment, the local talent pool, as well as macro-economic development, we believe our plant in Wuxi continues to be an important factor in Seagate's global success, and in Asia Pacific in particular."

The expanded Wuxi plant, occupying 35,000 sq m of factory floor, will house automated printed circuit board assembly lines, disc drive product lines and testing operations. The assembly operation consists of class 10 cleanrooms, a strictly controlled environment for industries like integrated circuits, aerospace and disc drive production.

"Jiangsu provincial government is very pleased to see Seagate's increased operations in the city of Wuxi," said Mr. Wang Rong-bin, vice governor of Jiangsu province. "Seagate has been a major catalyst for the economy of Wuxi and Jiangsu province. We congratulate Seagate on the expansion of its Wuxi facility."

Since 1995, Seagate Wuxi plant has shipped millions of Personal Storage products to Seagate's global customer base and has been recognized by the Chinese government with numerous accolades. Leveraging well-established local infrastructure and logistics support, along with Seagate's Six Sigma quality philosophy, Seagate Wuxi looks forward to its continuing role in providing best-in-class disc drives to meet the world's demand for data storage.

"Seagate Wuxi combines top-notch manufacturing technology and a strong pool of local engineering talent along with the gracious support of the government here," said Mr. Johnny Lau, Seagate vice president and general manager of China Operations. "We are proud to provide good jobs for thousands of people in the area, and we strive to be an Employer-of-Choice for those considering employment in the technology industry."

Seagate also announced today that it would be donating RMB348,000 to the Wuxi Deaf-Mute School to help purchase computer equipment for the school's computer laboratory. The computer facility project has been recognized by the Wuxi Municipal Bureau of Education and has been highlighted as a key special education project this year. The computer lab is scheduled for completion in December 2002, serving more than 200 people.

About Seagate
Seagate is the worldwide leader in the design, manufacturing and marketing of hard disc drives for Enterprise, PC and Consumer Electronics applications. The Company is committed to delivering award-winning products, customer support and reliability, to meet the world's growing demand for information storage. Seagate can be found around the globe and at www.seagate.com.

Issued for and on behalf of Seagate by
Ketchum Newscan Public Relations Ltd., Hong Kong
Carl Wong / Winnie Pang
Ketchum Newscan Public Relations, HK
Tel: (852) 3141-8010 / (852) 3141-8003
Fax: (852) 2510-8199
Email: carl.wong@knprhk.com / winnie.pang@knprhk.com