Seagate and Phison Broaden Partnership to Bolster Portfolio of High-Performance, High-Density Enterprise-Class Solid State Drives Optimized to Lower Data Center TCO

Rhea-AI Summary

Seagate Technology (NASDAQ: STX) and Phison Electronics Corp. announced a partnership to enhance their NVMe SSD portfolio targeting enterprise storage applications. This collaboration aims to develop high-performance, high-density SSDs that reduce total cost of ownership (TCO) through improved efficiency and power consumption. Seagate's expertise will be combined with Phison's advanced technology to meet the growing demand for storage solutions in areas like AI, cloud storage, and high-performance computing. Detailed product announcements are expected in summer 2022.

Positive

• Long-term partnership with Phison to expand NVMe SSD portfolio.
• Focus on developing high-performance, energy-efficient SSDs.
• Targeting high-demand sectors like AI and cloud storage.

Negative

• None.

Companies enhance development and distribution of NVMe SSDs for enterprise storage applications

FREMONT, Calif.--(BUSINESS WIRE)-- Seagate^® Technology Holdings plc (NASDAQ: STX), a world leader in mass-data storage infrastructure solutions, and Phison Electronics Corp. (TPEX: 8299), a global leader in NAND flash controller and storage solutions, announced today plans to expand their SSD portfolio of next-gen high-performance, high-density enterprise NVMe SSDs. The new SSDs will help enterprises lower total cost ownership (TCO) through increased storage density, lower power consumption, and higher performance. The companies also announced that they have entered a long-term partnership that will strengthen the development cycle and distribution of enterprise-class SSDs.

Seagate and Phison have collaborated on Seagate’s mainstream SATA SSD products since 2017. That close cooperation has continued through the company’s performance-leading line of FireCuda consumer gaming NVMe PCIe Gen4x4 SSDs and the world’s first purpose-built NAS NVMe SSDs.

The partnership will now focus on meeting the evolving global enterprise demand for higher density, faster, and smarter storage infrastructure needs that complement HDD storage to enable comprehensive enterprise applications such as hyperscale data center, high-performance computing and AI.

“We integrated Seagate’s 40-plus years of market-leading enterprise storage expertise with Phison’s nimble ability to create highly customized SSDs to meet the ever-evolving needs of the enterprise storage market,” said Jeff Fochtman, senior vice president of business and marketing at Seagate Technology. “Seagate is extremely excited to work with Phison on developing advanced SSD technology. Our selective focus allows us to serve the broad performance-driven enterprise SSD market while continuing our leadership in the specialized premium gaming SSD segment.”

“Phison is proud to partner with Seagate to expand our enterprise SSD product line,” said Sebastien Jean, CTO of Phison Electronics. “Our leading in-house ASIC technology, coupled with engineering excellence, complements Seagate's deep industry knowledge. In a show of commitment to this partnership, in 2020 we opened a development center in Broomfield, Colorado. Together, we will deliver winning solutions for a wide range of applications including Artificial Intelligence, Cloud Storage, and 5G edge computing.”

Seagate and Phison will work together to strengthen the industry's enterprise-class SSD product offerings focusing on best-in-class performance, cost savings, and efficiency. Optimized for specific workloads, environments, and use cases, each new product will be engineered and customized to specifically address a customer’s technical needs.

Detailed product announcements from this partnership will be shared in the summer of 2022.

About Seagate Technology

Seagate Technology crafts the datasphere, helping to maximize humanity’s potential by innovating world-class, precision-engineered data storage and management solutions with a focus on sustainable partnerships. A global technology leader for more than 40 years, the company has shipped over three billion terabytes of data capacity. Learn more about Seagate by visiting www.seagate.com or following us on Twitter, Facebook, LinkedIn, YouTube, and subscribing to our blog.

About Phison

Phison Electronics Corp. (TPEX:8299) is a global leader in NAND Flash controller integrated circuits and storage solutions for the consumer, industrial and enterprise markets. Phison provides various services from controller ASIC and firmware design, system integration, IP licensing, and total turnkey solutions, covering applications across SSD (PCIe/SATA/PATA), eMMC, UFS, SD, and USB interfaces. Phison is an active member of industry associations, including the Board of Directors for SDA, ONFI, UFSA, and a contributor for JEDEC, PCI-SIG, MIPI, NVMe, and IEEE-SA. Visit our blog and website for more information about Phison’s NAND storage solutions: http://www.phisonblog.com/; www.phison.com.

©2022 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, and the Spiral logo are registered trademarks of Seagate Technology LLC in the United States and/or other countries.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220406005118/en/

Greg Belloni

415-235-9092

gregory.belloni@seagate.com

Phison product inquiries:

Sales@phison.com

Phison media inquiries:

andrew@alanizmarketing.com

Source: Seagate Technology Holdings plc

FAQ

What is the new partnership between Seagate and Phison about?

Seagate and Phison are partnering to enhance their NVMe SSD portfolio for enterprise storage applications.

How will the new SSDs from Seagate and Phison impact total cost of ownership?

The new SSDs are designed to lower the total cost of ownership through increased storage density and power efficiency.

What sectors will benefit from the Seagate and Phison partnership?

The partnership targets sectors such as artificial intelligence, cloud storage, and high-performance computing.

When will detailed product announcements from Seagate and Phison be made?

Detailed product announcements are expected in the summer of 2022.