Maxtor holds 37 percent share in Middle East storage solutions market

Published February 3rd, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

Maxtor recently announced its intention of leveraging its core competencies to address the Middle East region’s emerging needs for storage. The company ‘s market share for 2001 stands at 37 percent, in comparison with 35.5 percent in Q2 of 2001, stated Vice President of Maxtor, Didier Trassaert, said. The company achieved a significant increase in Middle East sales from 850 thousand units last year, to 1.5 million in 2001, stated a press release.  

 

Maxtor forecasts an upsurge in storage-intensive consumer applications. The company recently launched a series of products of digital video and audio technologies through its “Fast Drives” initiative which gives fast file access and best multimedia handling capabilities to its drives.  

 

Maxtor Corporation is an information storage solutions provider. The company carries a line of storage products for desktop computers, high-performance Intel-based servers, network attached storage and consumer electronics. — (menareport.com)  

© 2002 Mena Report (www.menareport.com)