Japan's Hitachi Ltd. on Wednesday unveiled the world's first hard disk drive/DVD recorder that can store one terabyte of data, or enough to record about 128 hours of high-definition digital broadcasting. Hitachi, Japan's largest electronics conglomerate, is still a relatively small player in the DVD recorder market, trailing industry leaders Matsush!ta Industrial Co. Ltd., Sony Corp. and Toshiba Corp..

But it hopes its new line-up, which also includes models able to store 160 gigabytes, 250 gigabytes and 500 gigabytes of data, will help boost its market share and turn its loss-making DVD recorder business profitable in October-March, the second half of the business year.

"We entered the market last year and have only been able to grab about 3 percent of the market. It's been hard to earn a decent return on investment with such (low) volumes," Norio Ogimoto, general manager of Hitachi's storage media group, told a news conference.

Full story: Reuters