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Western Digital's (WDC +3%) surge continues on the acquisition of Hitachi's disk-drive business...

Mar. 08, 2011 3:10 PM ETWestern Digital Corporation (WDC) StockSTX, WDCBy: Carl Surran, SA News Editor2 Comments
Western Digital's (WDC +3%) surge continues on the acquisition of Hitachi's disk-drive business that will boost market share to 50% vs. Seagate's (STX +2.8%) 29%. But the long run doesn't look good for hard drives; tablets could take a big chunk of the market, and remaining suppliers will continue to compete aggressively for market share, keeping a lid on profit potential.

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