Hard drive shipments to soar with 24% this year

Posted on Thursday, February 10 2005 @ 16:55 CET by Thomas De Maesschalck
During 2005 the hard disk drive market will see a rise in shipments of 24%, from 305 million last year to 378 milion this year, according to Trendfocus.

The raise is mainly thanks to sales of hard drives for consumer electronics devices such as MP3 players, portable media players, mobile phones and also digital video recorders. Demand for mini hard drives used in consumer electronic devices are projected to double in 2005 and growing more than 50% yearly through 2008.

The biggest HDD manufacturer is Seagate with a share of 26.9%, followed by Western Digital, Maxtor, Hitachi and Samsung. Read more at EET

About the Author

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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