Floods: Hard drives jump in price
With 25% of global hard drive production in Thailand, a global shortage & 20% price hikes for many months projected.
Floods: Hard drives jump in price
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Hard drive shortages caused by Thai Floods » Mobile Computing News
HARD DRIVE SHORTAGES CAUSED BY THAI FLOODS
Wednesday, October 26, 2011
Source: Mobile Computing
Thailand has been experiencing its worst floods in 50 years, and the turmoil, at a superficial level, is spreading worldwide. Reports say that there will likely be a hard drive shortage as a result of the Thai floods, which will in turn result in the price of storage soaring.