Seagate Bolsters Hard Drive Market Share

By Chris Preimesberger  |  Posted 2006-07-21 Print this article Print

The storage company extends its lead in the worldwide hard disk drive market.

Seagate Technology strengthened its No. 1 sales position in the worldwide hard disk drive market in the first quarter of this year even before the company recorded its acquisition of No. 4-ranked Maxtor, market researcher iSuppli reported July 20. The company also improved its standing despite stronger-than-expected overall demand and competition throughout the industry, an iSuppli spokesperson said.
Seagates market share is now at 29 percent, up from 27.5 percent a year ago.
Had the $1.9 billion Maxtor acquisition on May 22 been factored into these first-quarter numbers, the Seagate market share would have been 40.9 percent. Overall, total hard drive sales climbed 16.5 percent over 2005, which outstripped iSupplis own forecasts of 15.4 percent. "Global HDD shipments amounted to 101.7 million units in the first quarter of 2006, up 16.5 percent from the same period in 2005," said Krishna Chander, senior storage analyst for iSuppli, in El Segundo, Calif. Seagate shipped 29.5 million drives in the first quarter of 2006 and maintained its stranglehold in the enterprise computing market with a 51 percent market share. Click here to read about Seagates new disk drives designed to store and distribute digital content across a wide range of devices and applications on demand. Seagate has products in nearly all HDD segments—except for the 1.8-inch market, a space it has said it will enter by the end of 2006. Rankings for the HDD suppliers were unchanged between the fourth quarter of 2005 and the first quarter of 2006. The top 10 suppliers in terms of market share were: Seagate, 29 percent; Western Digital, 18.5; Hitachi, 14.4; Maxtor, 11.9; Toshiba, 9.3; Samsung, 8.6; Fujitsu, 6.8; Excelstor, 1.2; Cornice, 0.4; and GS Magic, 0.1. iSuppli provides market intelligence services for the EMS, OEMs, and supplier communities. Check out eWEEK.coms for the latest news, reviews and analysis on enterprise and small business storage hardware and software.
Chris Preimesberger Chris Preimesberger was named Editor-in-Chief of Features & Analysis at eWEEK in November 2011. Previously he served eWEEK as Senior Writer, covering a range of IT sectors that include data center systems, cloud computing, storage, virtualization, green IT, e-discovery and IT governance. His blog, Storage Station, is considered a go-to information source. Chris won a national Folio Award for magazine writing in November 2011 for a cover story on and CEO-founder Marc Benioff, and he has served as a judge for the SIIA Codie Awards since 2005. In previous IT journalism, Chris was a founding editor of both IT Manager's Journal and and was managing editor of Software Development magazine. His diverse resume also includes: sportswriter for the Los Angeles Daily News, covering NCAA and NBA basketball, television critic for the Palo Alto Times Tribune, and Sports Information Director at Stanford University. He has served as a correspondent for The Associated Press, covering Stanford and NCAA tournament basketball, since 1983. He has covered a number of major events, including the 1984 Democratic National Convention, a Presidential press conference at the White House in 1993, the Emmy Awards (three times), two Rose Bowls, the Fiesta Bowl, several NCAA men's and women's basketball tournaments, a Formula One Grand Prix auto race, a heavyweight boxing championship bout (Ali vs. Spinks, 1978), and the 1985 Super Bowl. A 1975 graduate of Pepperdine University in Malibu, Calif., Chris has won more than a dozen regional and national awards for his work. He and his wife, Rebecca, have four children and reside in Redwood City, Calif.Follow on Twitter: editingwhiz

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