SK hynix reports record Q1 with soaring demand for HBM chips
SK hynix saw first 2024 quarter revenues soar 144 percent as demand for high-bandwidth memory (HBM) chips rocketed.
The DRAM and NAND manufacturer reported ₩12.43 trillion ($9.03 billion) in revenues...
WD CEO: ‘Clearly, HDD plays a big role in the AI storage life cycle’
Western Digital’s third quarter results were boosted by a strong rise in disk revenues along with increased demand for SSDs.
Its revenue slump is ending. Earnings in its third fy2025...
Kioxia unveils higher-performance 5G flash storage devices
Kioxia America has launched the latest generation of its Universal Flash Storage (UFS) embedded flash memory devices, designed to maximise 5G application performance.
Supported in capacities of 256 GB, 512...
Storage news ticker – 25 April 2024
Data connector company CData Software has appointed of Adam DeMichele as its CRO, Marie Forshaw as SVP of Product Marketing and Arielle Daigle as VP of Growth &...
IBM takes on Dell, HPE, Pure in FlashSystem fight
The latest IBM FlashSystem 5300 array has a PCIe 4 bus, computational drives, and Ice Lake CPUs, accompanied by a Storage Assure scheme to upgrade hardware and software during...
Seagate sells more high-cap drives as it climbs out of disk slump
Disk drive supplier Seagate reported its first profit after five consecutive quarters of losses as major buyers upped their nearline high-capacity drive orders. Broadcom has acquired its ASIC assets,...
Quantum introduces all-flash deduping backup target appliances
Quantum has added two all-flash appliances to its deduping backup target product set.
The T10-60 and T210-120, in 1RU chassis, will replace the current DXi mid-range, according to an IT...
Micron strikes deal with Silvaco to optimize fabs
Silvaco Group has enhanced its partnership with flash memory and chipset maker Micron Technology. Silvaco is a provider of TCAD (technology computer-aided design), EDA (electronic design automation) software, and...
Kioxia launches 1 TB SD memory cards for demanding multimedia
Kioxia Europe has unveiled the EXCERIA G2 SD memory card series, offering capacities of up to 1 TB.
The “next gen” products are designed for long-time 4K video recording, for...
Storage news ticker – 19 April 2024
Cohesity says the French Red Cross (Croix-Rouge française) has been a customer in migrating, backing up, and protecting its data for almost two years. Cohesity’s DataProtect and Data Cloud...
Kioxia plans IPO to tackle $5.8B debt amid industry shakeups
NAND and SSD manufacturer Kioxia is preparing an IPO to recapitalize itself as payment of a ¥900 billion ($5.8 billion) loan is due in June.
The company is 56.24 percent...
Samsung reportedly plans to leapfrog to 430-layer NAND in 2025
Samsung is planning to bypass the 300-layer 3D NAND level and go straight to 430-layer flash after a 290-layer product planned for next year.
According to Korea's Hankyung media outlet,...