As can be seen, traditional film use is 15% or less with digital technologies such as optical discs, hard disk drives, magnetic tape and flash memory are the bulk of modern recording media.

FORBES: End of the Reel

Magnetic tape in professional recording has taken a nose dive while flash memory is the rising video storage format according the survey results.

FORBES: End of the Reel

Flash memory and other semiconductor manufacturing uses equipment with a lot of similarities to the equipment used to make magnetic recording components.

FORBES: The Engines of Innovation