Posted on Tuesday, January 29th, 2008 at 2:04 pm
Profitability Returns to the Hard Drive Industry, says iSuppli
DigiTimes
The Hard Disk Drive (HDD) industry underwent a resurgence in profitability in the third quarter, signaling that the storage market finally is on firmer ground, according to iSuppli Corp. The HDD industry shipped 138 million drives in the third quarter of 2007, up 19.6 percent from 115 million drives in the second quarter. Combined third quarter revenue for all HDD suppliers was $8.8 billion, up 22.2 percent from the second quarter.
