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Article: Flash drives arrive: Watch out floppy disks--USB flash drives are catching on. (Business Trends).
- Article from:
- Electronic Business
- Article date:
- February 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Reed Business Information, Inc. (US). 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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While technology companies searched desperately last year for the "next big thing" to revive industry growth, a promising new data-storage product was ringing up strong sales despite virtually no advertising or promotion.
Sales of universal serial bus (USB) flash drives--portable devices the size of a chewing gum pack that plug into a PC's USB port and store data on flash memory chips--tripled during 2002, from $39 million to $125 million, according to Monterey, CA-based Web-Feet Research Inc.
"This was one of these markets that's been pulled through by the consumers, instead of the manufacturers trying to push it on people," says Web-Feet Managing ...