View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 26, 1987

AMERICAN MAGNETICS TO REPORT LOSSES FOR 1986

By CBR Staff Writer

Another OEM supplier of equipment to IBM is suffering from a reduction of its business with the giant: this time it’s American Magnetics Corp, supplying recording heads, which says that as a result of the reduced business and of inventory mark-downs, it will be reporting losses for the fourth quarter and for the whole of 1986.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU