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zhuge_liang Supreme	14-Dec-2006 21:09        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Singapore will at least double its annual hard disk media output by 2008 to take advantage of explosive growth in demand for everything from desktop PCs to mobile phones, the government said on Thursday. Minister for Trade and Industry Lim Hng Kiang said Singapore would focus especially on the production of high-end disk drives to meet fast-growing consumer demand for high-tech products. "With the widespread popularity of gaming, mobile phones, digital photography and audio, we can expect the need for hard disk drives to continue to grow," Lim said at the opening of Showa Denko's second hard disk plant in Singapore, according to a government press release. The HDD industry is crucial for Singapore as it accounted for 20%, or $14 billion, of the country's electronics output last year and employs 20,000 people. Singapore produced over one-quarter of the world's hard disk media output in terms of volume in 2005. HD media is a key component of the HDD system in which data is stored and from which it is retrieved. Lim said Showa Denko would invest $60 billion yen in the facility, and create 600 new jobs. "With the establishment of this new plant, and the expansion plans by other HDD companies, Singapore will be able to at least double our annual hard disk media output by 2008," he said. The country's electronics sector has faced growing competition from low-cost centres such as China and Malaysia, especially in the low-end disk drive segment. Singapore's total manufacturing sector accounts for about one quarter of its US$117 billion economy.
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Nostradamus Supreme	28-Sep-2006 19:59        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Singapore in 2005 accounted for 25% of the world market for disk media.
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Nostradamus Supreme	28-Sep-2006 19:08        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	Seagate estimates the industry will be worth US$45b by 2009 with growth led by the consumer segment amid robust demand for products such as gaming and handheld devices. "We will be achieving excellent growth going forward," Jerry Glembocki, senior vice president for recording heads and media operations at Seagate, told reporters at a news conference. It will invest about $1.3b over four years in its third plant for manufacturing recording media here, employing up to 3,000 staff. Seagate said it expected the plant to start working in the middle of 2008. Once fully operational, the plant will have a quarterly production capacity of 45m recording discs, 50% more than the capacity of the two plants Seagate already has here. The company said the combined capacity of its three plants here would be enough for 80% of its requirement for recording media, which are a component of disk drives. "Seagate's third media plant in Singapore will further expand our recording media capabilities and increase our production capacity to meet the growing global demand for HDD media and digital storage in general," he said. According to research agency IDC, the global HDD industry is expected to grow to US$40b in 2009 from US$28b in 2005.
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Nostradamus Supreme	28-Sep-2006 00:12        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi allantanhc, I don't mind at all.
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allantanhc Veteran	27-Sep-2006 20:26        allantanhc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, Nostradamus, I have done a copy and paste of your very informative posting to MMI, Seksun and Unisteel to facilitate reading and discussion in the respective threads. Hope you don't mind.
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Nostradamus Supreme	27-Sep-2006 17:08        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	CIMB-GK says MMI, Seksun and Unisteel are its top picks among the suppliers of components for hard-disk drives (HDDs) that are listed here. The brokerage said the HDD industry was on track to achieve double-digit quarter-on-quarter growth in the third quarter and that it expected these companies to report results that would be catalysts for the price of their stocks. "MMI and Seksun are two prime beneficiaries of expected volume increases from Seagate after the Seagate-Maxtor merger," CIMB-GK said in a note. "Unisteel will gain from the overall industry growth," it said. The brokerage has raised its target price for MMI to $1.36, having increased its estimates of earnings for the company for the financial years ending June 2007 and June 2009 by 3-4%. CIMB-GK has raised its target price for Seksun to $0.60. "Among the HDD component suppliers, we sense that Seksun experienced the strongest quarter-on-quarter expansion, gaining from its major customer's volume growth and possibly market-share gains," the brokerage said.
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