After noting a decline in hard drive shipments back in the second quarter of this year, HDD makers are ready to celebrate a “happy holiday” as shipments end the year on a rally, iSuppli says.
“The fourth quarter increases in HDD shipments and revenue reflect positive developments on several fronts, including the stabilization of prices, strong demand from the enterprise segment, and a return to normal inventory levels,” said Fang Zhang, analyst for storage systems at iSuppli.
The market research firm says HD shipments will reach an estimated 169.2 million units in the fourth quarter, up 2.2 percent from one quarter ago. Equally important, revenue is expected to jump 2.1 percent to $8.9 billion.
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