History 2004: 2003 WW Storage Industry Ranking

Here are the financial results of the main storage players for fiscal year ending in calendar year 2003, in $ millions.

Copyright: StorageNewsletter
Source: companies’ financial results
NA: Not Available or Not Applicable
(1) FY results for years ending in January 2003 and 2004
(2) FY2002 ending in December 2002, FY 2003 ending in January 2004
Only public companies and those that publish their financial results are listed here.
The figures given refer to total business activity, unless otherwise specified in comments.

For certain firms, storage is only a portion of their business (BenQ, Cypress, LSI and Nidec, for example).

Since the 2002 ranking, we’ve lost:

• Roxio (46th in 2002), which scarcely has any storage business left
• Procom Technology (70) delisted from the Nasdaq
• Acquired companies Daisytek (12), Gadz0ox (72), JNI (63), Legato (34), Read-Rite (33), Inrange (36), Oak Technology (45) and Vixel (74)
• Auspex (60) and StorageNetworks (53), now defunct

Also missing are certain large corporations that don’t break out their storage activities like Verbatim, Hitachi Maxell or Sony. We would estimate Hitachi Data Systems at $2 billion. For their WW disk storage systems factory revenues only, in 2003, IDC estimates $5.2 billion for HP, $4.3 billion for IBM, $1.2 billion for Sun.

Companies shown without a 2002 ranking are making their debut this year. These include new companies or those that made their numbers available for the first time. Appearing for the first time this year: Dell, Distrilogie, Hitachi GST, Intevac, Iron Mountain and Megamedia.

For non-US. companies, we used the following currency equivalencies for $1 from the end of December 2003: NTD0.0294 for Taiwanese companies, SGD1.71 for Singaporean companies, 45.6rupees for the Indian company, and ¥108 for Japanese companies.

This article is an abstract of news published on issue 194 on March 2004 from the former paper version of Computer Data Storage Newsletter.