Thanks to several members including slimy for writing in about this one.
Seagate has confirmed to the folks over at DailyTech, that they plan to launch a 1TB (Terabyte) hard drive sometime in the first half of 2007. The monster drive will make use of Seagate's perpendicular recording technology, made popular by their 7200.10 series desktop drives. More information over at DailyTech.
"Seagate's 1TB hard drive will be our second generation 3.5-inch hard drive to feature capacity-boosting perpendicular recording technology, and it will use fewer heads and discs than similar-capacity products we expect to see from our competitors. It is clear that fewer heads and discs, along with our proven perpendicular technology, can increase drive reliability, and also reduce operating temperatures, power consumption, noise, and weight."