Despite strong PC sales, hard drive prices have continued to tumble as competition from flash memory and consumer electronics continue to drive down prices, according to a survey released by iSuppli on Wednesday.Notebook hard drives were hit hardest with prices falling an average of $33 during the third quarter compared to the same period last year. Desktop drives also took a tumble but price erosion on these was much lower than that of notebook drives, just $1.75 year-on-year.
The report noted that around 134 million hard drives had been shipped during the third quarter of 2007, up from 114 million during the same period in 2006. The increase of 21 per cent was largely put down to growing demand from the consumer electronics industry with consoles and portable media players driving much of the demand.
The report also showed that the most intense price competition was between the six largest vendors – Seagate, Western Digital, Hitachi Global Storage Technologies, Fujitsu, Toshiba and Samsung.
Advertisement
Related Stories
- Could notebook optical drives be on the way out? Apr 24th 2012 at 5:33AM
- WD launches first 2TB portable drive Mar 20th 2012 at 9:53PM
- WD moves to finalise purchase of Hitachi HDD division Mar 7th 2012 at 11:49AM
- iSuppli says Nokia will overtake iPhone by 2015 Jan 23rd 2012 at 8:47AM
- WD and Seagate in hard drive warranty 'massacre' Dec 19th 2011 at 7:54AM
- Seagate slugs WD in $525m arbitration victory Nov 22nd 2011 at 1:10AM
- Adata offers new external drive with military grade shockproof case Nov 21st 2011 at 11:01AM
- GfK: Thailand flood could crash consumer sales Nov 11th 2011 at 12:44PM
- Hard drive prices surge on Thai flood supply constraint Nov 8th 2011 at 9:35PM
- NaNo-technology Oct 27th 2011 at 3:53PM
