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Home > Company Index > Computer Hardware > Data Storage Devices > Headway Technologies, Inc.

Headway Technologies, Inc.
 PROFILE
Headway Technologies has made some progress in the disk drive market. The company makes recording heads for computer disk drives, including giant magnetoresistive heads, the industry's current standard. Headway's heads -- which align the magnetic particles on a recording disk -- are used in PC, portable computer, and server disk drives. They are sold in the form of sliced wafer rows (sliders), sliders attached to steel suspensions (head gimbal assemblies), and ceramic wafers. Leading disk drive manufacturers including Maxtor, Seagate, and Toshiba incorporate Headway's components in their products. After withdrawing its IPO in late 1999, Headway was acquired by and became a subsidiary of competitor TDK in 2000.

 COMPETITION
International Business Machines Corporation (IBM)
Read-Rite Corporation (RDRT)
Yamaha Corporation (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 179.40
1-Yr. Sales Growth: 230.0%
Employees: 628
Revenue per employee: $285,668.79

 KEY PEOPLE
• Mike Y. Chang
    CEO
• Thomas Surran
    CFO

 CONTACT INFO
678 S. Hillview Dr.
Milpitas, CA 95035
US
Phone: 408-934-5300
Fax: 408-934-5353
Online: Web Site

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