Seagate has confirmed plans to release a 20TB drive based on cost-effective perpendicular magnetic recording (PMR) technology in the second half of this year. The announcement was made by Seagate CEO Dave Mosley during the company's second quarter 2021 earnings call. PMR, along with Shingle Magnetic Recording (SMR) technologies, are more cost-effective solutions than Heat Assisted Magnetic Recording (HAMR) technology that Seagate uses in its current line of 20TB drives that it offers to select partners. "We have extended our leadership in hard drive technology, as demonstrated by Seagate, which is the first company to commercialize HAMR technology and the first to offer performance dual actuator drives, which now ship in large volumes to withstand the load of various customers," Mosley said. In the call.