High Prices Generate Record Revenue for HDD Market in Q1

Dateline City: 
EL SEGUNDO, Calif.

The global hard disk drive (HDD) industry surged to record revenue in the first quarter, thanks to higher average selling prices that compensated for the wreckage and loss in shipments left by the October floods in Thailand, according to an IHS iSuppli Storage Market Brief report from information and analytics provider IHS (NYSE: IHS).

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