Hard drive prices drop

[froggyboy604]

Flash memory to blame

By Nick Farrell: Friday, 09 November 2007, 9:42 AM

HARD-DRIVE prices are dropping thanks to competition from flash memory and tough competition.

According to a survey released by iSuppli the average pricing of notebook hard drives fell to $53 in the third quarter of 2007, from $86 in the same period during the previous year.

Desktop hard drive prices fell to $51 in the third quarter of 2007, compared to $52.75 the previous year.

There were 21 per cent more hard drives shipped in the third quarter of 2007.

iSuppli thinks that there is now such strong competition between the six hard drive vendors Seagate, Western Digital, Hitachi, Fujitsu, Toshiba and Samsung Electronics that prices were coming down fast.

The outfit is predicting that prices for hard drives may also drop further as flash memory evolves.

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