HDD Sales Crater, 35% YoY Drop
Arduous drive gross sales fell 35% year-over-year within the first quarter of 2023 as PC and client electronics (CE) producers stay cautious when shopping for new {hardware} amid unsure demand. However probably the most shocking occasion through the quarter was the continued contraction of near-line HDD shipments, probably the most profitable a part of the exhausting drive market.
Unit Shipments Drop, Exabytes Shipments Dow
Seagate shipped an estimated 33.5 and 34.9 million HDD models, down 35% year-on-year, in keeping with Trendfocus figures launched by Toshiba and Western Digital. Blocks and Files.
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| Row 0 – Cell 0 | Q1 2023 | 1Q 2022 | To vary |
| close to the highway | 10.2 million | 18.8 million | -54.3% |
| Pc Consumer + CE | 22.5 million | 31.25 million | -28% |
| 3.5 inch DT + CE | 12.5 million | 16,447 million | -24% |
| 2.5 inch Pocket book + CE | 10 million | 24,925 million | -33% |
Nearline HDDs have been the bread and butter for exhausting drive producers for a while now, given their ever-increasing per-drive capability. Nevertheless, solely 10.2 million of such discs had been shipped within the first quarter of 2023, up from 18.8 million within the first quarter of 2022 and 10.51 million within the fourth quarter of 2022. (YoY) and 1% (QoQ) by quarter.
Seagate believes nearline HDD shipments are poised to extend sooner or later, as customers (learn as exascalers) wait for his or her companies to thrive.
Gianluca Romano, Seagate’s CFO, on the Morgan Stanley Know-how, Media and Telecom Convention (through SearchAlpha). “I believe they’re very assured that their enterprise will develop as they count on they should handle short-term cycles of disruption, and in some instances with out this inventory build-up, in some instances, however we do not see any change within the long-term outlook.”
For PC and CE-focused drives, shipments totaled 23.3 to 24.7 million models, down 24% to 33%, relying on the total section. The segmented 2.5-inch HDD noticed one other massive year-over-year decline of 33%. This drop highlights the continued downward pattern of exhausting drive PC and CE market share, so this wasn’t significantly shocking.
Seagate Retains the Finest Spot
In relation to particular person vendor shipments, Seagate has bought an estimated 15 to fifteen.5 million exhausting drives, holding a market share of round 44.8%. Storage Bulletin Quoting figures from Trendfocus.
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| provider | HDD Volumes | S/S change | Y/Y change | market share |
| Seagate | 15.00 – 15.50 million | -2.3% — -1% | -34.7% — -32.6% | 44.8% — 44.4% |
| Toshiba | 6.30 – 6.70 million | -21.4% — -16.5% | -37.2% — -33.2% | 18.8% — 9.2% |
| WDC | 12.20 – 12.70 million | -5.4% — -1.5% | -38.2% — -35.6% | 36.4% — 36.4% |
| TOTAL | 33.50 – 34.90 million | -7.6% — -3.8% | -36.5 — -33.9% | 100% |
Western Digital is reported to have procured roughly 12.2 – 12.7 million HDDs, with a share of roughly 36.4%. Toshiba was by far third with an estimated 6.3 to six.7 million models shipped and a roughly 19% market share.
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