Seagate Technology expects high gross margins of over 50% in the next 12 months for hard disk drive (HDD) sales due to a strong market cycle. This prediction comes from Morgan Stanley analysts who met with company executives and believe the trend will continue.
Source: https://seekingalpha.com/news/4531645-seagate-expects-50-plus-gross-margins-on-hdds-over-next-year-morgan-stanley