Good news everybody! The HDDs are coming back
Subject: General Tech | February 24, 2012 - 12:38 PM | Jeremy Hellstrom
Tagged: flooding, thailand, hdd
It won't be completely back to normal but if DigiTimes' information is correct the HDD industry is getting back on their feet after the flooding in Thailand wiped out several fabs. This is not just great news for your average consumer or enthusiast but also for businesses that have had server upgrades and maintenance postponed since stocks of enterprise HDDs dried up. While it may seem funny that NewEgg limits the number of units you can buy for some of their stock, it is not so funny for a company that needs to rebuild a 10 disk RAID on a SAN. By Spring we should see a return to stock levels of about 80% and prices about 30% higher than what existed on the market previously which will help out a lot of bottom lines as well as bring much needed money into Thailand to help with the recovery.
"The global production capacity of hard disk drives (HDDs) will increase to 140-145 million units, about 80% of the level before flooding hit Thailand in late 2011, in the first quarter of 2012, according to industry sources.
HDD makers exhausted their inventories of products and components in December 2011 and January 2012, the sources indicated. However, HDD vendors have not hiked quotes due to the off-season.
Among HDD vendors, Hitachi Global Storage Technologies and Seagate Technology have suffered less damage from the flooding and therefore have moved faster in restoring production capacities, compared to Toshiba and Western Digital, the sources indicated."
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