Singapore expects double-digit growth in hard disk drive output from the multitude of companies making the things there in 1996, despite the recent slowdown in the electronics industry, Economic Development Board chairman Philip Yeo said last week. Yeo said some 24 million disk drives valued $4.55bn were produced in the first-half of 1996, representing increases of about 30% and 40% respectively over the same period of 1995, when 27% of the island republic’s hard disk drive output had capacity of 1Gb and above. We expect the ratio of such disk drives manufactured in Singapore to increase to over 60% for 1996, the chairman asserted.
