Global shipments of hard disk drives (HDDs) rose 15.5% in 2006, as suppliers managed to capitalize on growth opportunities while shrugging off challenges including price wars, component shortages and competitive upheavals, according to research firm iSuppli.
The HDD industry in 2006 shipped 434.2 million hard drives, up 15.5% from 375.8 million in 2005. In the fourth quarter of 2006, 119.7 million HDDs were shipped, up 15.8% compared to the same period a year earlier and an 8.3% increase from the third quarter, said the research firm.
Along with strong sales to established markets in computing and consumer-electronics products, the HDD industry benefited from the rise of a new application: external hard drives. In 2006, 2.6 million external HDDs were shipped, up 37% from 2005. Demand for external HDDs is being driven by the desire of consumers to store and backup large-sized video and audio files downloaded from Internet services, noted iSuppli.
Seagate owns one third of HDD market
Posted on Sunday, Mar 11 2007 @ 10:21 CET by Thomas De Maesschalck