A hard drive manufacturer has predicted that, by the middle of next year, a 5.25 gigabytes hard drive may cost as little as $300.
Adam Harris, director of Fujitsu Europe, said that year on year, storage capacity on magnetic media will double with prices remaining roughly the same. He predicted that by the year 2000 the entry level device is likely to be around the 72Gb mark.
Fujitsu Europe wants to be in the top three hard drive storage companies by then, he said. Seagate, which currently holds the number one position with a market share of around 27 per cent, will find itself under attack from the Japanese manufacturer.
"We?re the biggest pain in the ass for Seagate," he said. "We?ve won customers from them because of our good pre and post sales support and PC manufacturers want to know that you can deliver in two to four hours."
He claimed that Fujitsu, which entered the market seriously only two to three years ago, will hold 10 per cent of the worldwide market next year. OEM wins include Compaq and Sun, he said. "The arrogance of the competition has helped us," he said. "It?s not just technology."
Although IBM said earlier this year that it would license its MR (magneto resistive) technology to third parties, Harris claimed that it had not yet done so. Only Fujitsu and IBM possessed MR technology, which gives greater density per square inch on the platters.
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