Founded in late 2000, the company began operation in January 2001 and shipped its first product that summer. In 2006, HLDS began developing Blu-ray Disc drives. The company claims that it has led the disk drive industry in market share since its founding, with a 20% share for fiscal year 2001, 29% for fiscal year 2012, and 60% for fiscal year 2016. In 2011, Hitachi and LG pleaded guilty to
price fixing, and were fined USD$21.1M. ==References==