WW HDD Shipments in 3Q22 Down 13.9% Compared with 2Q22

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Third Quarter Storage & Memory Demand Drops Significantly, Sign Of Ongoing Correction?

Total HDD shipments in C3Q 2022 were down 13.9% compared with C2Q 2022 (38.4 million versus 44.6 million). This continues the downward trend since Q1 2022. Total exabytes shipped in C3Q 2022 were down about 37% from C2Q 2022. Nearline HDDs were down about 13.8 Q/Q. These results are shown in the figure below: