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Article: Hitachi Predicts Blazing Pace of Hard Drive Adoption on Technology's 50th Anniversary; Analysts Predict Industry to Ship More Hard Drives over Next Five Years than in Previous 50; Innovation to Continue Unabated.
- Article from:
- Business Wire
- Article date:
- April 4, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN JOSE, Calif. -- As the hard disk drive approaches its Golden Anniversary this year, Hitachi Global Storage Technologies (Hitachi) believes the industry is just now hitting its stride in the rate of adoption. With its heritage in hard drive invention, Hitachi's efforts over the next five years will be marked by significant manufacturing and market expansion that could triple current annual shipments by decade-end -- approaching 200 million drives per year.
That's staggering when compared to recent DISK/TREND data, which showed that the entire industry took nearly 50 years to ship two billion hard drives. Furthermore, industry analyst firm IDC predicts the ...