Seagate bets on hybrid drives

Posted on Tuesday, October 26 2010 @ 0:21 CEST by Thomas De Maesschalck
Seagate CEO Steven Luczo claims hybrid hard disks are the future:
Seagate, one of the world's largest maker of hard disk drives, said that solid-state drives (SSDs) will be survived by hybrid drives that feature both flash memory and traditional magnetic media. Moreover, according to Seagate, only a fraction of expensive computers feature SSDs.

"I would say though that from what we know of the offering for example Apple, the percentage of their units that they sell with SSDs versus HDDs is a tiny fraction. I think it’s under 3%, certainly under 5%. [...] I think as Seagate introduced hybrid drive last quarter, you get basically the features and function of SSD at more like disc drive cost and capacity," said Steven Luczo, chief executive officer of Seagate, during a conference call with financial analysts.


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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