Seagate Completes Acquisition of Upstream Supplier Intevac, Strengthening HDD Position

April 3, 2025 – Seagate, a leading manufacturer of hard disk drives (HDDs), has announced the completion of its acquisition of Intevac, a supplier of upstream equipment, on March 31st, local time. The deal, valued at approximately 109million,wasfinalizedatapriceof4 per share as offered by Seagate. Intevac specializes in the manufacturing, sales, maintenance, and upgrading of thin-film…

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Apple Abandons $23M Lawsuit in Geep Canada Theft Case of 100,000 Devices After Five Years

March 18, 2025 – Apple Drops $23 Million Lawsuit Against Geep Canada After Five-Year Legal Battle, Leaving Questions Unanswered In a surprising turn of events, tech media outlet AppleInsider reported yesterday (March 17) that Apple has dropped its $23 million lawsuit against Canadian recycling company Geep Canada, following a lengthy five-year legal battle. However, the…

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Facing Sony CIS Capacity Constraints, Apple Tests Samsung CMOS as Secondary Supplier for iPhone 16 Series

July 03, 2024 – In a significant shift from its traditional reliance on Sony for CMOS Image Sensors (CIS), Apple is reportedly advancing plans to diversify its supply chain by incorporating Samsung Electronics as a secondary supplier. According to sources cited by TheElec, Samsung’s System LSI division is currently undergoing final quality assessments for its…

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