Insatiable demand carries HDDs through recession

Despite a poor second-quarter earnings performance from leading Hard Disk Drive (HDD) supplier Seagate Technology, the overall HDD industry is continuing to thrive in 2008 due to an insatiable demand for low-cost, high-capacity storage devices, according to iSuppli.

"Unlike the NAND flash chip industry, HDD vendors have been able to resist the worst impacts of the economic slowdown by learning how to control their costs," said Krishna Chander, senior analyst for storage systems at iSuppli. "The industry also has been aided by increased demand for more storage in PCs – as new applications demand increasingly larger-capacity HDDs. As long as demand for low-cost storage capacity keeps rising, the HDD industry will find ways to deliver."

View: The full story @ DigiTimes

Report a problem with article
Previous Story

MagneticSoft Folder Castle 3.0 Released

Next Story

Market Solutions to the IP Address Squeeze

4 Comments

Commenting is disabled on this article.

can't wait for the 1 terabyte HDDs to drop below $100. then i'll be good. will upgrade my existing 500 GB HDDs with 1 TB HDDs as the time comes