Storage giant has announced that it will sell a 1TB hard drive from the third quarter of this year

Seagate Technology is serving up its first 1TB hard drive.

The company announced on Monday that it will offer a retail hard drive for $399 (£199) beginning in the third quarter of this year. The Barracuda 7200.11 will have up to 32MB of cache and a five-year warranty.

The amount of information that can be stored in a 1TB drive is equal to turning 50,000 trees into paper, according to researchers at the University of California, Berkeley. Hitachi shipped its first terabyte drive two months ago, for the same price of $399 (£199).

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