Following Japanese Earthquake, Showa Denko, Furukawa Denko, Kobe Steel Shut Down Operations …

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Japan earthquake to affect HDD industry
The global hard disk drive (HDD) industry, already facing challenges from solid state drives (SSDs), cloud computing and limitation of vertical read-write technologies, is expected to face even more challenges resulting from the March 11 earthquake in northeastern Japan, which has severely damaged the plants of local HDD component makers including hard disk maker Showa Denko, and HDD-use substrate makers Furukawa Denko and Kobe Steel. These makers have all reported damage to facilities as well as injuries of employees and have shut down their operations pending further evaluation.