Western Digital was unable to displace its longtime rival despite boosting shipments by 12% in the quarter and Seagate only managing an 8% sequential increase. Revenues for the latter rose to $3.03 billion in Q4 2009, up from $2.16 billion the previous quarter, while Western Digital raked in $2.57 billion in the same period.
In terms of market share this gave Seagate a 31% stake versus Western Digital's 30%. Hitachi Global Storage Technologies was a distant third, shipping 25.2 million units for 16% of the market, while Toshiba/Fujitsu and Samsung Electronics closed out the top five, with 13% and 9% of the hard disk drive market share, respectively.
According to a separate iSuppli forecast, overall hard drive shipments are expected to decrease slightly in the current quarter compared with the last, due to normal seasonal patterns. But the research firm said shipments should pick up shortly and revenue is set to recover to fourth quarter 2009 levels by the second quarter of 2010.
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