The 2007 Nobel Prize for Physics was awarded to the French Albert Fert and German Petre Grunberg in a ceremony in Stockholm on Tuesday, for their research in the field of magnetic resistance, the Nobel Committee has announced.

The discoveries of the two researchers revolutionized the techniques that allow data to be read from hard-disks, according to the Swedish Royal Academy of Sciences.

In 1988, Fert and Grunberg discovered the phenomena that had the effect upon the telecommunications and information technology.