Hard drive supplies back to pre-flood levels, but prices aren't

Tagged: HDD, storage medium, Computer Hardware, Technology
Source: Ars Technica - Read the full article
Posted: 4 years 21 weeks ago

"Last October, flooding in Thailand took a huge bite out of hard disk drive supplies, taking out about a quarter of the world's HDD manufacturing capacity. The impact of that disaster has passed, and supply levels are back to near where they were before last October's disaster. But while the flood waters have long since receded, drive prices haven't fallen nearly as much—as InfoWorld's Woody Leonhard reports, retail hard drive prices are still about 75 percent higher than they were before the flood and show no signs of coming down. And the manufacturers are posting healthy profits as a result..."




No different when they started the oil wells on fire........ Gas hasn't dropped either.