Samsung today announced that its new 160GB 1.8-inch Hard Disk Drives (HDD) are playing a dominant role in IT and consumer product companies which are building new multimedia products built around the 1.8inch HDD storage medium, which is smaller than a business card but packs 160 GB capacity at 4200 RPM.

“The 1.8inch HDD market will grow at a tremendous pace with annual sales expected to increase up to 65% by 2010 as consumers demand smaller, more compact technology devices,” states Andrew Higginbotham, director of hard drive sales and marketing, Samsung Semiconductor Inc., in the press release. “Samsung is leading the pack with its new Spinpoint N2 Series drives that offer a best-in-class combination of reliability, capacity, performance, and value.”

The 1.8” HDD has gained momentum from the mobile consumer markets as the storage medium of choice by providing high volume solutions at the most economical price points. Devices such as Apple iPods are using the 1.8” HDD as the storage medium to support music files, video and Internet access.

Recently, Samsung Electronics unveiled its Spinpoint N2 Series, the first 1.8” HDD to offer the ultra high 160GB capacity. Taking the mobile storage market to new heights, the Spinpoint N2 has the capacity to store more than 40,000 MP3 files or 100 HD quality movies.

MacDailyNews Note: Apple’s current iPod with a 1.8” HDD tops out at 80GB.