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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microchip Technology, Inc.    MCHP

MICROCHIP TECHNOLOGY, INC.

(MCHP)
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Microchip Technology : Toshiba's Latest Enterprise Hard Disk Drives Qualified for Microchip Technology's Adaptec HBAs and RAID Adapters

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03/10/2020 | 08:14am EDT

Toshiba Electronic Devices & Storage Corporation ('Toshiba') announced that Microchip Technology's ('Microchip') compatibility testing of the recently launched 16TB1 3.5-inch2 Enterprise Capacity hard disk drive (HDD) from the MG08 series has been successfully completed on all Adaptec host bus adapters (HBAs) and Redundant Array of Independent Disk (RAID) adapters.

As a result, companies using Adaptec Smart Storage adapters can now also install Toshiba's 16TB Enterprise drives.

Enterprise HDDs are usually operated in large networks and connected to the host server system via HBAs or RAID adapters. In this respect, the smooth interplay of hard disk drives and HBA / RAID adapters is essential for the functionality and stability of enterprise and cloud storage systems.

The confirmed compatibility of the MG08 series refers to the SATA models MG08ACA16TE (512 byte block) and MG08ACA16TA (4k byte block), as well as to the products with SAS interface MG08SCA16TE (512) and MG08SCA16TA (4k). Tests were carried out on the Adaptec HBA 1100 series HBAs and the Adaptec SmartRAID 3100 series RAID adapters and the still widely used predecessor, the Adaptec Series 8 RAID adapters. Not only were the basic functionality and compatibility of the interfaces tested, but also hot-plug tests, power on tests, and reboot tests were performed. Long-term stability was also confirmed by an extended duration test which is conducted by Microchip. The MG08 hard drives have thus qualified for entry on Microchip's compatibility list.

Shuji Takaoka, General Manager of Storage Products Sales & Marketing Division at Toshiba Electronic Devices & Storage Corporation explains: 'Based on the excellent long-term cooperation with Microchip, we were able to qualify the new HDD generation for compatibility with Microchip's adapters shortly after the market launch. This is a very important contribution to the implementation of stable storage systems for the constantly growing amount of data.'

The previous series of Enterprise Capacity HDDs (MG04 / MG05 / MG06 / MG07) were also tested and qualified in the same way as described above by Mircochip in the past. This also applies to the Enterprise Performance drives of the AL12 / AL13 / AL14 and AL15 series.

Definition of capacity: Toshiba defines a megabyte (MB) as 1,000,000 bytes, a gigabyte (GB) as 1,000,000,000 bytes and a terabyte (TB) as 1,000,000,000,000 bytes. A computer operating system, however, reports storage capacity using powers of 2 for the definition of 1GB = 230 = 1,073,741,824 bytes and therefore shows less storage capacity. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system, such as Microsoft Operating System and/or pre-installed software applications, or media content. Actual formatted capacity may vary.

'3.5-inch' means the form factor of Hard Drives. They do not indicate drive's physical size.

Information in this document, including product prices and specifications, content of services and contact information, is current and believed to be accurate as of the date of the announcement, but is subject to change without prior notice.

Contact:

Tel: +91 - 124 - 4996600

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MICROCHIP TECHNOLOGY, INC. 12.34% 108.79 Delayed Quote.3.89%
TOSHIBA CORPORATION 0.65% 3100 End-of-day quote.-16.33%
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Financials (USD)
Sales 2021 5 136 M - -
Net income 2021 375 M - -
Net Debt 2021 7 392 M - -
P/E ratio 2021 116x
Yield 2021 1,35%
Capitalization 26 690 M 26 690 M -
EV / Sales 2020
EV / Sales 2021 6,64x
Nbr of Employees 18 000
Free-Float 92,9%
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Average target price 111,27 $
Last Close Price 108,79 $
Spread / Highest target 19,5%
Spread / Average Target 2,28%
Spread / Lowest Target -25,5%
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Steve Sanghi Chairman & Chief Executive Officer
Ganesh Moorthy President & Chief Operating Officer
James Eric Bjornholt Chief Financial Officer & Senior Vice President
Matthew W. Chapman Independent Director
L. B. Day Independent Director
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