Profile: Hutchinson Technology Inc (HTCH.F)
30 Jul 2015
Hutchinson Technology Incorporated (HTI), incorporated on October 29, 1965, is a manufacturer of suspension assemblies for all sizes and types of hard disk drives. The Company manufactures suspension assemblies for all sizes and types of hard disk drives. Suspension assemblies are components of disk drives that hold the read/write heads in position above the spinning magnetic disks.
The Company categorizes its products as either suspension assemblies or other revenue, which consists primarily of revenue outside of the disk drive industry for precision component manufacturing, tool design, tool build and metrology, suspension assembly components, reimbursement for disk drive industry-related engineering services and specific disk drive program capacity and biomeasurement products. During the year ended September 28, 2014, the Company shipped 432 million suspension assemblies of all types, supplying all manufacturers of disk drives and head-gimbal assemblers.
The Company competes with Nihon Hatsujo Kabusikigaisha, Magnecomp Precision Technology Public Company Limited, NAT Peripheral (H.K.) Co., Ltd., Nitto Denko Corporation and Dai Nippon Corporation.
Hutchinson Technology Inc
40 W Highland Park Dr NE
HUTCHINSON MN 55350-9783