Seagate has finished year with a dead loss in $3 mlrd

Company Seagate Technology has reported by results of the fourth quarter and the 2008-2009 which has come to the end on July, 3rd, 2009 According to the report, volumes of deliveries of disk stores on the market in the fourth quarter have made 40,6 million units in the total cost of $2,35 mlrd, the company dead loss for the accounting period has made $81 million, or $0,16 in recalculation on one action. Financial results of the company for the fourth quarter also include $21 million from amortisation of the got non-material actives and other deductions connected with processes of acquisition; the deductions connected with processes of re-structuring and accelerated depreciation, at a rate of $85 million Total result of the specified processes – $106 million, or $0,22 for the action.

Folowing the results of 2008-2009 the volume of the made hard disks has made 163,8 million units, the gain has reached a point in $9,8 mlrd, the company dead loss has reached $3,1 mlrd, or $6,32 in recalculation on one action. Financial results of the company include also $77 million from amortisation of the got non-material actives and other deductions connected with processes of acquisition; the deductions connected with processes of re-structuring and accelerated depreciation, at a rate of $266 million; deductions at a rate of $271 million, reflecting adverse influence of the cost amendment, the company concerning postponed tax actives, and deductions at a rate of $2,3 mlrd, connected with write-off of intangible actives of the company and other long-term actives.

Total result of the specified processes – profit decrease on $2,9 mlrd, or on $5,95 counting on the action. From $266 million spent for re-structuring, $56 million it has been spent for the deductions connected with accelerated amortisation, of which $30 million make expenses for realisation of production and $26 million – expenses for product working out. The most part remaining on balance restrukturizacionnyh expenses is connected with global reduction of the staff, have explained in Seagate. For September quarter the company assumes demand for hard disks at a rate of 135 – 140 million units. Hence, the company expects a gain at a rate of approximately $2,4 - $2,6 mlrd and improvement of factor of profitableness on 200-350 basic points in comparison with results of June quarter.

Expenses for working out and marketing of production and administrative expenses, on expectations, will decrease for $315 million Forecast for September quarter does not consider influence new potential restrukturizacionnyh costs, merges, absorption and other business combinations which can occur in the company, have underlined in Seagate. The general organizatiojal, operational and technological progress which we observed within last six months, is displayed in financial results of June quarter and shows significant advancement to the return purpose to steady profitableness of business shortly, - confirms. Stephen Luso. (Steve Luczo), operating director Seagate.

– We see signs on that the situation in the markets of decisions for a data storage improves, and now at us the best vision of what will be demand. The purpose which we have put for September quarter concerning volumes of production and the grocery offer, consists in continuing the optimised work of our factories direted on the maximum return of investments, and also to provide our clients with production meeting their requirements.

FROM have deprived 0,5 mlrd results of competition of Minkomsvjazi under biopassports are cancelled

The federal antimonopoly service has made the decision on stay of placing of the state order for technical support and operation of an interdepartmental segment of the state system of manufacturing, registration and the control of passport and visa documents of new generation (biopassports) in 2009 On it CNews has informed. Maria Schneider. , the assistant to director FGUP scientific research institute the Rising, serving system now. We will remind, in competition on its support, which results of Minkomsvjazi has brought on July, 17th, 2009, the company Open technologies 98. Decision FAS was acccepted by results of consideration of the complaint of Rising (is available at the disposal of CNews), the service directed to the head. To Igor Artemyev.

On July, 16th, 2009 the Reason of cancellation of results of competition – discrepancy of the competitive documentation 94 FZ. FAS has decided to cancel competition reports, to return demands to its participants and to hold new competition. It is possible to familiarise with the complaint text. According to Rising, for example, Minkomsvjazi has incorrectly chosen a way of placing of the order – according to the order of the government of the Russian Federation the service provider on technics maintenance service should get out by auction, instead of competition. Besides, the specified place of performance of works – Moscow and Moscow Region - does not correspond to a place of actual carrying out of these works, is told in the document. One more point of the complaint is curious. To participation in competition copany LISSI which has not given to the information on the qualification has been admitted that, according to Rising contradicts the most competitive documentation. This company has played a key role in competition summarising.

In the demand it has dropped initial cost of the contract more than in 33 times – with 512 to 15 million, having made criterion of the price of the contract much less significant. Thus, the demand of Open technologies with the 495 million price could outstrip the demand of Rising with the price of 197 million Conclusion of the complaint of Rising en face is reduced to the following: it is obvious that the essential part from the criteria of an estimation of competitive demands specified by the customer is directed not so much on revealing of the most qualitative offer and the qualified participant, how many on artificial reduction of applicants for a victory. In Minkomsvjazi at the moment of the material publication could not comment on decision FAS and answer questions CNews. The information on when new competition will take place, in Rising have no, but say that will take in it part. In company Tehnoserv which also were taking part in cancelled competition, comments have refused.

In Open technologies CNews have declared that the company will be ready to give comments concerning decision FAS only after reception of the official notice from FAS and acquaintance with it.

As to participation in new competition if that will be declared, we will familiarise with its conditions and after that we will make the decision on participation or nonparticipation in it, - have informed also in Open technologies.

We will remind that after competition of Minkomsvjazi has spent auction on service of a hardware infrastructure of system of registration of biopassports in 2009 By its results a victory also the company Open technologies (the contract sum - almost 200 million rub). The scientific research institute participating in auction FGUP Rising did not begin to struggle for the contract and to lower the price, having explained it to that the winner of auction becomes in direct dependence on the winner of the previous competition. I. e.

, in case of a victory in new competition of the Rising, Open technologies will appear in an uneasy situation – they should provide the equipment support which part is physically located in territory FGUP scientific research institute Rising. Since yesterday Rising of an interdepartmental segment of system of registration of biopassports also intends to support its work up to the conclusion of the contract with the new executor when it would not take place. Review CNews prepares for the publication.