Seagate sets 5-year target for 2-billionth drive

By Vivian Yeo, ZDNet Asia
Friday, May 02, 2008 01:28 PM

SINGAPORE--Seagate aims to ship its two-billionth hard disk drive within the next five years, according to a company executive.

Teh Ban Seng, Seagate's vice president and managing director for sales and marketing in the Asia-Pacific region, said Wednesday at a media briefing that the hard disk drive maker took 29 years to reach the 1 billionth shipment milestone, but targets to ship the next billion in a fraction of that.

The company, said Teh, is looking beyond traditional hard drives to deliver that goal. Seagate is in the midst of introducing its second-generation hybrid drives, and will make announcements relating to solid state drives (SSDs) sometime this year.

Teh, who did not disclose to ZDNet Asia a more specific timeframe for the launch of Seagate's SSD strategy, noted however that SSDs represent only "incremental opportunities" to the overall consumption of hard drives.

Within the enterprise, the technology is best suited to power the boot drive in blade servers, where the emphasis is to read a lot of data quickly and less storage capacity is required, said Teh.

In notebook PCs, hybrid drives present better value even up till 2012 as the "supposed benefits of SSDs are not worth" the extra premium, Teh pointed out. Customers purchasing notebooks with SSDs today generally pay about US$500 extra for a capacity of about 32GB, and could pay US$75 more for 120GB in four years, he said.

According to Teh, the flash industry, which currently makes up less than 10 percent of the total storage available, will find it challenging to pump in significant investment over the next few years to drive prices down in order to increase adoption. Flash companies, he noted, have not made any major moves to date--an indication that the market is not as lucrative.

By 2012, annual shipments of hard drive shipments globally will reach over 700 million, with hybrid drives accounting for about 15 percent of the market, said Teh. SSDs will create an incremental opportunity of about 12 percent.

Reaching the next billionth shipment will not happen overnight; instead, Seagate expects to grow about 15 percent year-on-year, said Teh. About half of the company's global growth, he added, will come from emerging markets including China, Indonesia, India and the Philippines.


WORTHWHILE?

0

0 votes
Blog

Talkback 0 comments

There are currently no comments for this post.

Guest user

Guest user

Level: 
Joined: —
Already a member? Log in »



 

Loading...

Tech Jobs Now!

Mainsoft: Opening options for Java, .NET developers

Java

Mainsoft provides tools for running .NET code on the Java platform.


Read more »


Tags

  1. amazon
  2. amd
  3. asia
  4. asian
  5. asus
  6. business
  7. chips
  8. cloud
  9. computing
  10. dell
  11. drive
  12. drives
  13. emc
  14. green
  15. growth
  16. hp
  17. ibm
  18. intel
  19. its
  20. market
  21. memory
  22. multicore
  23. out
  24. pc
  25. pcs
  26. percent
  27. seagate
  28. sun
  29. tech
  30. updates
 
Oracle SOA Business Software Centre
Many companies are recognizing the need to adopt standards in their efforts to build service-oriented applications.
Secure the "Next-Gen SOA Infrastructure" & "Bringing SOA Value Patterns to Life" whitepapers here

» Visit the Power Center
Increase performance with eco-technology innovations
Simplify your infrastructure and unify management, while lowering power and cooling costs of your datacenter.
» Maximum flexibility with powerful blade technolgy
» Bring new services and applications online faster
» Lower energy use and cost

Up close and personal with a merger

Blog thumbnail

What can you get for 13.9 billion buckaroos? For Hewlett-Packard, US$13.9 billion would allow you to buy your way into becoming the second biggest IT services company in the industry...... by Eileen Yu

Read more »