Hard drive manufacturer Seagate plans later this year to introduce a 120GB version of its 1.8-inch drive that could end up inside future iPods. William Watkins, Seagate’s CEO, told BusinessWeek that the company will have 60GB and 120GB 1.8-inch drives ready before the end of the year. “We have this new opportunity in 1.8-inch drives, which is starting to grow for handheld video,” Watkins said. “Apple’s iPod is one, but there are a lot of people putting out handheld video devices. We did not have a drive for that business that will come in capacities of 60 and 120 GB, and so we will have one in the December quarter and we think that will be a nice little driver for us. We feel a whole lot better about things than Wall Street does right now.”
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