Hutchinson Technology Inc. (NASDAQ: HTCH) was founded in 1965 and is headquartered in Hutchinson, Minnesota, USA. It has 2,412 full-time employees and is one of the world’s largest suppliers of hard disk drive suspension components.
Hutchinson Technology (HTCH):
Hutchinson Technology is a supplier of hard drive suspension assemblies. The suspension assemblies it produces are used to fix recording heads on rotating disks and are sold in the global suspension assembly market.
Hutchinson Technology Inc. researches, designs, develops, manufactures, and supplies hard disk drive suspension assemblies to Thailand, Hong Kong, the Philippines, Malaysia, the United States and internationally. Its suspension components are parts of computers and various consumer electronics and enterprise storage products. .
In addition, Hutchinson Technology also provides engineering services related to the disk drive industry and specific disk drive program capacity and biomeasurement products.
Hutchinson Technology sells its suspension components to original equipment manufacturers and component vendors.
On November 2, 2015, Japanese electronics company TDK announced plans to acquire Hutchinson Technology Inc. for US$126 million.