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    LSI Gets Good Report Card from HDD Analyst

    By
    Chris Preimesberger
    -
    April 9, 2009
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      A research note from analyst Hans Mosesmann of Raymond James Equity Research regarding the volatile hard drive market crossed The Station’s desk today. Some bullet points of possible interest involving worldwide market leader Seagate Technology and its suppliers:

      —LSI appears to be gaining ground in the Seagate shop, at the expense of another chip supplier. “We look for LSI to have over 60 percent of Seagate’s HDD business in 2010 (currently about 50 percent) given continued share loss by STMicroelectronics. LSI (and Marvell) should further benefit from consolidation in the HDD industry, as OEMs have fewer suppliers to choose from.”

      –More detail on LSI: “As the industry transitions to external storage and SAS 2.0, we believe that LSI’s software stack advantage will enable it to maintain its leadership position, as no other chip company has LSI’s breadth and depth of software intellectual property (with Hewlett-Packard the possible exception, as it uses its own).”

      –Finally: “The external storage opportunity for LSI is a greenfield one, which the company pegs at over $250 million in 2010/2011. In SAS 2.0 in servers, LSI pegs the market opportunity in the $350 million range and the custom silicon opportunity in storage area networks at $200 million.”

      Agree? Disagree? More info? Go here for that.

      Chris Preimesberger
      https://www.eweek.com/author/cpreimesberger/
      Chris J. Preimesberger is Editor Emeritus of eWEEK. In his 16 years and more than 5,000 articles at eWEEK, he distinguished himself in reporting and analysis of the business use of new-gen IT in a variety of sectors, including cloud computing, data center systems, storage, edge systems, security and others. In February 2017 and September 2018, Chris was named among the 250 most influential business journalists in the world (https://richtopia.com/inspirational-people/top-250-business-journalists/) by Richtopia, a UK research firm that used analytics to compile the ranking. He has won several national and regional awards for his work, including a 2011 Folio Award for a profile (https://www.eweek.com/cloud/marc-benioff-trend-seer-and-business-socialist/) of Salesforce founder/CEO Marc Benioff--the only time he has entered the competition. Previously, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. He has been a stringer for the Associated Press since 1983 and resides in Silicon Valley.

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