DUFU (7233) - DUFU TECHNOLOGY CORP. BHD IPO Prospectus

DUFU WILL BE EARNING LIKE JCY & NOTION

Buy while still cheap

Is it Possible to Manufacture HDDs in USA?

At the beginning of the HDD industry, all the drives were made in USA (Ampex, Burroughs, Control Data, IBM, Memorex, Univac, STK), and then also in Europe (Bull, Siemens) and Japan (Fujitsu, Hitachi). But they were high-priced high-margin units for mainframes where the workforce to build them was a small percentage of the global price.

There was a big change when PCs arrived in a more price sensitive market. The first two storage companies to land in Asia were probably Tandon and Micro Peripherals in 1981 to manufacture floppy disk drives in Singapore.

But the real pioneer was Tom Mitchell, who decided in 1982, or only three years after the birth of Seagate, to transfer all production of 5.25-inch HDDs from Santa Cruz, CA, to Singapore. He was highly unsatisfied by the "high cost, marginal quality and poor availability of labor" in California. He also had the good fortune to fall upon a remarkable local engineer, S.C. Tien, to help him in his efforts.

Seagate's success inspired many imitators in Singapore and then in other Asian countries with lower salaries.

Today all HDDs are manufactured in only six Asian countries by the remaining producers:
Hitachi GST (acquired by WD) in China, Thailand and Singapore
Seagate in China, South Korea (acquired Samsung HDD for a small quantity) and Thailand
Toshiba in China, Thailand and the Philippines
The manufacture of HDDs cannot be completely robotized and need huge number of workers for assembling components and testing. WD has around 62,000 employees and Seagate 53,000 worldwide, the huge majority in their manufacturing facilities. And you have to pay them. That's why the HDD makers are hiring people with salaries as low as possible and the gap continues to be enormous between USA and these Asian countries.

For the IMF World Economic Outlook Database, October 2010, the average minimum ANNUAL salary for workers was $1,500 in China, $2,053 in the Philippines, $2,293 in Thailand and $4,375 in Malaysia. Per comparison, it's $729 per median WEEKLY earnings in USA according to the United States Bureau of Labor (January 27, 2012) among full-time wage and salary workers not union members. Result: between 9X and 25X more in the U.S.

That's why it's impossible to build plants in North America to be competitive in the HDD industry.

But there is another reason. With few exceptions, all the components into HDDs (disks, heads, motors, PCBs, enclosures, etc) are built in Asia because their makers have installed their factories near HDD assembly plants to offer a better service to their huge customers.

These two reasons explain why we are not going to see any HDDs made in USA in the near future. It's the same for PCs, notebooks, tablets, smart phones and the majority of high-tech devices.

24 minutes ago

calvintaneng

The manufacture of HDDs cannot be completely robotized and need huge number of workers for assembling components and testing. WD has around 62,000 employees and Seagate 53,000 worldwide, the huge majority in their manufacturing facilities. And you have to pay them. That's why the HDD makers are hiring people with salaries as low as possible and the gap continues to be enormous between USA and these Asian countries.

23 minutes ago

calvintaneng

The manufacture of HDDs cannot be completely robotized and need huge number of workers for assembling components and testing.

https://www.youtube.com/watch?v=InHAjOJwooA

USA & CHINA NO BANGLA

6 days ago

BUSINESS REVIEW
JCY International Berhad and its subsidiaries (“the Group”) is
principally involved in the manufacturing of precision components
and sub-assembly. For more than two decades, the Group and its
predecessors have been a leading component supplier and contract
manufacturer for the Hard Disk Drive (“HDD”) industry.

1 minute ago

calvintaneng

For more than two decades, the Group and its
predecessors have been a leading component supplier and contract
manufacturer for the Hard Disk Drive (“HDD”) industry.

IT TAKES 20 YEARS TO SET UP HDD & SSD FACTORIES

VERY HIGH BARRIER TO ENTRIES (GLOVES TAKE ONLY 6 MONTHS)

FOR NEXT 3 to 5 YEARS JCY, NOTION & DUFU WILL DOMINATE THE HDD & SSD Markets

6 days ago

Inside a Google Data Center

See

https://www.youtube.com/watch?v=XZmGGAbHqa0

See carefuly

At the Very "Center" of Data Center are HARD DISK DRIVES (HDD) Rows and Rows and Rows of HDD!!

6 days ago

THE MAIN FUNCTION OF WORKERS IN DC

MAKE SURE HDD (HARD DISK DRIVES) ARE IN TIP TOP CONDITION

MUST BE GUARDED 24 HOURS A DAY & 7 DAYS A WEEK ALL FOR HDD(90%) AND SSD(10%)

6 days ago

BASICALLY

LOTS & LOTS OF COMPUTERS CONTAINING "HDD" IN DATA CENTER!

0 seconds ago

6 days ago

Calvin in between this 3companies dufu notion and jcy which one u think have the potential of highest growth

6 days ago

Since Dufu is high beta stock if all Data Center set up demand converge then it will be Dufu

6 days ago

for now we see Notion runs first and Jcy fast catching up

6 days ago

Dufu take so long time still haven’t catching up

5 days ago

EngineeringProfit

Let it rest- up a lot from below 2.00 not long ago. Let it rest longer

5 days ago

THERE ARE MORE THAN 10,000 DATA CENTERS IN THE WORLD & ONLY 3 HDD MANUFACTUERERS, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-25-story-h-160749967-THERE_ARE_MORE_THAN_10_000_DATA_CENTERS_IN_THE_WORLD_ONLY_3_HDD_MANUFAC

5 days ago

SEE MALAYSIA MENTIONED IN DATA CENTER NEWS

https://www.datacenterdynamics.com/en/news/

only Seagate, Western Digital & Toshiba supply HDD to all these thousands of DATA Centers Worldwide

JCY
NOTION
DUFU

WILL BENEFIT TREMENDOUSLY

FROM NOW TILL REST OF THE DECADE THE HOTTEST THEME IS AI AND DATA CENTERS

5 days ago

so for the future trend there are more data center build ，all the hard disk company will started benefited maybe at the back end

5 days ago

currently dc build still need time

5 days ago

after they build they need a lot of hdd and they buy from stx,wdc, toshiba and the stock of them replenish fast , dufu will need to manufacture a lot for the company

5 days ago

SarifahSelinder

DUFU (NOTION JCY) ada readily available spare excess production capacity to take advantage of the anticipated high HDD demand ke??

Ni bukan cakap nak increase production terus can increase

4 days ago

SarifahSelinder

HDD ni tak lama dulu macam sunset industry je x orang expand production capacity pon malah nak scale down

Demand tiba tiba ada coz of AI lead DC

4 days ago

Goldberg

Hard drive storage will soon become part of computing history, says expert

Data storage on hard drives will soon become a thing of the past, according to an expert Shawn Rosemarin, Vice President, R&D and Customer Engineering – Pure Storage. According to Rosemarin, we could see the last hard drive being sold in just about five years from now, PC Gamer reported.

Most computer users have long migrated to cloud storage solutions when it comes to safely storing their data. With content being streamed on smartphones and tablets practically everywhere, there is little reason to own a hard drive these days.

Most laptops and computers too are equipped with solid-state drives, so the question is, where are hard drives even used?

The Last of the Hard Drives

Back in 1956, IBM unveiled the 305 RAMDAC, which was likely the first computer to run a hard drive with a magnetic disk. The entire assembly took up a sizeable portion of the room but offered nothing over 5 MB of conventional storage capacity.

Fast forward 50 years, storage capacities had zoomed to one terabyte, and the size of the drive itself had reduced to the palm. When writing this, one can buy 22 TB storage for regular use and even 26 TB models for use in data centers.

The problem, however, according to Rosemarin, is that the world spends three percent of its energy on data centers, most of which is to spin the hard drive’s disk. Shifting to flash storage could reduce power consumption by as much as 90 percent. This is why the shift away from magnetic storage is inevitable.

The major hurdle, according to Rosemarin, is the cost of flash storage. A 100TB flash storage costs $40,000, which is exorbitant when hard drive storage for similar capacity costs about $2,000. But as with computing hardware, prices tumble very quickly, and the SSD will also meet the same fate, sooner or later.

Whether the last hard drive is sold in 2028 or not could be the topic of a moot discussion, but its place in computing is almost cemented. The timeline could be pushed up even further if newer storage solutions are discovered during this time.

If you’d like to salvage a piece of history, then now might be a good time to pick a new hard drive for memory’s sake. Else you will be left searching for them, just like we do with floppy disks now.

4 days ago

SarifahSelinder

Lagi satu HDD yg consume electricity bukan main banyak lagi falls into GREEN requirement or not??

4 days ago

Can we use flash memory to replace hard drives completely in PCs and laptops?

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-26-story-h-160747919-Can_we_use_flash_memory_to_replace_hard_drives_completely_in_PCs_and_la

4 days ago

calvintaneng

DATA CENTER IN FULL SWING : CATALYST FOR HDD DRIVE BULL RUN. SEE TOP 30 HOLDERS OF NOTION, JCY & DUFU, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-26-story-h-160747981-DATA_CENTER_IN_FULL_SWING_CATALYST_FOR_HDD_DRIVE_BULL_RUN_SEE_TOP_30_HO

4 days ago

old boy

Notion's chairman mentioned in latest TheEdge weekly that he foresee the demand for their spacer and disk clamps will sustain for next five years

4 days ago

Nothing is so powerful than an idea whose time has come
-- Victor Hugo

HDD bull run commencing

4 days ago

bryan2003

If notion can run that fast and that high, there is no reason JCY cant due to the fact that JCY's hard disc concentration and total revenue from hard disc is much higher than Notion. As mentioned in the QR, the utilization rate is still below 50% and let's assume it goes to 80% coming quarters, i suppose it can run as fast as Notion.

4 days ago

My observation

In all past thematic bull run time all identical businesses in the same industries all eventually go up in tandem as one

Sure Dufu will go up

When we not sure

But since not yet up best to buy in

4 days ago

Hard Disk Drives Market Analysis

The Global Hard Disk Drive Market size is estimated at USD 19.93 billion in 2024, and is expected to decline to USD 15.53 billion by 2029. Source: https://www.mordorintelligence.com/industry-reports/hard-disk-drive-market

4 days ago

https://www.reddit.com/r/DataHoarder/comments/hbvxex/at_least_223_companies_have_manufactured_hard/?rdt=62972

4 days ago

hard disk drives is very competitive, around d world many companies are manufacturing it, for those who want to know more, pls read the above link.

4 days ago

Price is very competitive, many companys manufacturing Hdd went bankruptcy.Please read d above.

4 days ago

AI (Artificial Intelligence) Boom Time Sudden Turnaround The Fortunes of HDD (Hard Disk Drive) Makers, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-05-27-story-h-160745258-AI_Artificial_Intelligence_Boom_Time_Sudden_Turnaround_The_Fortunes_of_

0 seconds ago

4 days ago

tahansan

来了!!

3 days ago

In a bull market every stock in the same industry will eventually move up in tandem

It has been and will be

3 days ago

FortuneBlooming

yah gah

3 days ago

FortuneBlooming

yah lor

3 days ago

FortuneBlooming

danny123:

"Price is very competitive, many companys manufacturing Hdd went bankruptcy.Please read d above."

yah gah, but why you going around all SSD/HDD forums jcy, notion, dufu saying repeating same thing leh

you want to pull price down for buy cheap discount gah

yah lor yah lor yah lor

3 days ago

Aldous47

Rise of AI, Supply Shortfall Set to Drive Up HDD Prices

https://datastorageasean.com/daily-news/rise-ai-supply-shortfall-set-drive-hdd-prices

2 days ago

pang72

DUFU is showing the resilient of HDD stock..
In green

2 days ago

Very high demand by Ai for HDD will see Dufu accelerate it's revenue and profits from now and next few years

Buy while prices are weak and undemanding and then hold

1 day ago

EngineeringProfit

Congrats, Calvin. U manage to get bilises to sapu all your expensive tickets above 2.45

1 day ago