Dufu Technology expects long-term growth in digital storage devices

PETALING JAYA: Dufu Technology Corp Bhd expects digital storage devices to grow in sync with the strong demand from the cloud data center market in the long term, supported by robust growth of data.

In a filing with Bursa Malaysia, the precision machining parts and components manufacturer stated the hard disk drives (HDD) storage devices are expected to remain the most cost-effective solution for storing large volumes of data.