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

|About: Western Digital Corporation (WDC)|By:, SA News Editor

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.