Company Directory - Seagate Technology Holdings plc
Company Details - Seagate Technology Holdings plc

Seagate Technology Holdings plc
WebsiteISIN: GB00BJKFF187
Seagate Technology Holdings plc is a leading global provider of data storage solutions, known for its innovation in hard drives and storage solutions that cater to both industrial and consumer markets.
CCI Score
CCI Score: Seagate Technology Holdings plc
-0.22
Latest Event
Historic Union Vote at Seagate
Seagate workers voted overwhelmingly for trade union recognition with Unite the Union, marking a significant milestone in securing collective bargaining rights.
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BYSTANDER
Seagate Technology Holdings plc is currently rated as a Bystander.
Latest Events
- JAN302024
Seagate workers voted overwhelmingly for trade union recognition with Unite the Union, marking a significant milestone in securing collective bargaining rights.
+80
Labor Relations and Human Rights Practices
April 8
The successful vote for union recognition is a strong progressive move, reinforcing labor rights and worker empowerment. This outcome enhances the balance of power in favor of workers, challenging authoritarian or anti-union corporate practices.
Historic vote by Seagate workers secures collective bargaining rights for Unite the Union
- JUL102023
Seagate released its annual anti-slavery and human trafficking statement detailing comprehensive measures to eradicate forced labor in its operations and supply chain, including supplier training, risk assessments, audits, and remediation processes.
+80
Labor Relations and Human Rights Practices
April 8
The statement underscores Seagate's commitment to human rights by ensuring fair labor practices, prohibiting forced and slave labor, and emphasizing safe and equitable working conditions. This proactive approach to protecting worker rights has a positive anti-authoritarian impact.
Seagate Technology Anti-Slavery and Human Trafficking Statement
+80
Supply Chain Ethics
April 8
The document details robust supply chain ethics through supplier education, mandatory compliance with the Responsible Business Alliance Code, rigorous risk assessments, and corrective audits, which collectively work to prevent forced labor and human trafficking.
Seagate Technology Anti-Slavery and Human Trafficking Statement
- MAY232023
The Industrial Court has confirmed it will hear Unite The Union’s application for collective bargaining recognition at Seagate’s Derry site. This development comes amid the company’s refusal to negotiate a voluntary recognition agreement and follows announcements of planned redundancies, highlighting growing tensions over labor rights.
-50
Public and Political Behavior
April 8
Seagate’s management stance by refusing voluntary union recognition undermines workers’ collective voice and political rights. This behavior reflects a broader pattern of dismissing workers' demands and contributes to negative public and political perceptions, aligning with authoritarian practices.
Court to hear trade union's application for recognition at Seagate
-70
Labor Relations and Human Rights Practices
April 8
By cutting jobs and resisting union demands, Seagate has exhibited poor labor relations practices. The management’s reluctance to engage with workers seeking collective bargaining rights demonstrates an authoritarian approach that undermines workers' rights and social justice.
Court to hear trade union's application for recognition at Seagate
- MAY222023
The Industrial Court confirmed it will proceed to hear the trade union's application for collective bargaining recognition at Seagate’s Springtown manufacturing site, marking a significant advance in worker representation and union rights.
+80
Labor Relations and Human Rights Practices
April 8
The decision to hold a hearing on the trade union's application for collective bargaining recognition represents a positive move towards improving labor relations and worker rights at Seagate. This development supports more equitable and anti-authoritarian labor practices, aligning with progressive, anti-fascist objectives.
Workers hail 'historic' decision by Industrial Court to hear ...
- MAY182023
On May 18, 2023, Seagate announced a retrenchment package at its Springtown site, seeking over 100 voluntary redundancies and implementing wage cuts amid a decline in post-pandemic sales. The action was criticized by Unite, which deemed the move 'unnecessary and unjustified' and urged workers to unionize for collective bargaining rights.
-80
Labor Relations and Human Rights Practices
April 8
The decision to implement redundancies and wage cuts, as part of a retrenchment package during a sales downturn, directly undermines workers' rights and fair labor practices. The union's condemnation highlights that this move disproportionately harms employees without sufficient justification, reinforcing concerns over Seagate's labor relations practices.
Unite slams 'unnecessary and unjustified' Seagate redundancies
- APR202023
U.S. authorities fined Seagate Technology Holdings plc $300M for continuing to supply hard drives to Huawei in violation of export control rules. The incident highlights systemic compliance failures as Seagate maintained its business relationship with Huawei even after competitors ceased doing business under new sanctions.
-75
Business Practices and Ethical Responsibility
April 8
Seagate's decision to persist in sales to Huawei despite severe U.S. export restrictions represents a major lapse in ethical business practices. The $300M fine, coupled with continued shipments even after clear sanctions, indicates a disregard for regulatory oversight and proper corporate responsibility, thus negatively impacting its standing on ethical responsibility.
Seagate Fined $300M on Sanctions Failures - Radical Compliance
- OCT262021
On October 26, 2021, a Senate committee report led by U.S. Sen. Roger Wicker revealed that Seagate Technology likely violated the Foreign Direct Product Rule by engaging in unlawful transactions with Huawei. The report alleges that Seagate flouted U.S. export controls meant to protect national security, engaging in practices that allowed the company to gain significant profits and monopolize market segments related to sensitive technology.
-80
Business Practices and Ethical Responsibility
April 8
Seagate's actions in engaging with Huawei while violating key export control regulations demonstrate a severe breach in ethical business practices. By disregarding established U.S. rules, the company compromised its ethical responsibility in business operations.
Committee Investigation Suggests Leading Technology Company Violated Huawei-related Rule
-70
Technology and Services Impact
April 8
By illegally providing sensitive technology to Huawei, Seagate undermined regulations designed to protect national security. This action contributes to the proliferation of technology that may be used in repressive regimes, thus negatively impacting society.
Committee Investigation Suggests Leading Technology Company Violated Huawei-related Rule
-50
Economic and Structural Influence
April 8
The investigation highlights that through its non-compliant practices, Seagate not only reaped significant profits but also monopolized market segments in sensitive technology. This demonstrates a disregard for the structural regulatory framework and ethical economic influence.
Committee Investigation Suggests Leading Technology Company Violated Huawei-related Rule
- JAN012012
Seagate's ESG page outlines its commitment to supply chain transparency and ethical sourcing. The company requires suppliers to complete a Conflict Minerals Reporting Template and source from conflict‐free validated smelters, aligning with measures mandated by the California Supply Chain Transparency Act effective from January 1, 2012.
+70
Supply Chain Ethics
April 8
Seagate demonstrates a proactive approach to ethical supply chain management by mandating supplier transparency through conflict minerals reporting and sourcing from validated, conflict‑free smelters. These practices help ensure the company is not complicit in exploitative labor or human trafficking practices, reflecting a positive anti‑authoritarian stance in its business practices.
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Corporate Financials
- Revenue
- 2025
- $2.59B
- Total Assets
- 2025
- $10.80B
- Operating Income
- 2025
- $400.00M
- Total Equity
- 2025
- $5.60B
Industries
- 334111
- Electronic Computer Manufacturing
- 334112
- Computer Storage Device Manufacturing
- 541519
- Other Computer Related Services