Fogel Posted January 24, 2012 Posted January 24, 2012 Are you under the impression that WD is the only company hit by the flood? They were hit the worst. Some quototations not just for you but for this discussion in general. NY Times: The shortage is not entirely bad news for the disk-drive business, especially for those companies whose facilities were not damaged, such as Seagate, which has a factory high and dry on a plateau in northeastern Thailand. Mr. Monroe said price increases will help lift industry profit margin to about 30 percent from about 20 percent before the floods. Computer World:Drive maker Western Digital was hardest hit by the flooding, with research firm IDC predicting that up to 75% of the company's production lines were temporarily shut down. Old People Forbes:The impact of the October/November monsoon floods in Thailand on many high technology industries have been considerable. Perhaps none have been as hard hit as the HDD industry where major plants for Western Digital and Toshiba were flooded and many major HDD component suppliers were flooded as well. Even non-flooded production facilities such as those of Seagate and Hitachi GST have been slowed by parts shortages from flooded suppliers. Overall about 50% of total hard disk drive assembly capacity is in Thailand with WD’s Thailand production representing about 60% of its total HDD output. As a result of this flooding and the long term damage to equipment and facilities in Thailand there will be a shortage of HDDs in December 2011 and throughout 2012. In addition, replacing and repairing capital equipment in the flooded plants will lead to large increases in capital equipment spending through 2012 that will likely approach $1 B. Share this post Link to post Share on other sites More sharing options...
Waco Posted January 24, 2012 Posted January 24, 2012 They were hit the worst. Some quototations not just for you but for this discussion in general. They were hit the worst but the drive parts suppliers are what hurt all other companies as well. Share this post Link to post Share on other sites More sharing options...
d6bmg Posted January 25, 2012 Posted January 25, 2012 Hopefully the worst phase is over. Share this post Link to post Share on other sites More sharing options...
SpikeSoprano Posted February 10, 2012 Posted February 10, 2012 Just found this today, quite interesting, check it out, http://www.techspot.com/guides/494-hard-drive-pricewatch-thai-floods/ Share this post Link to post Share on other sites More sharing options...
Hyper Posted February 11, 2012 Posted February 11, 2012 looking at that article it looks like you should be mad at seagate rather then WD looking at earnings..... but then again if they kept their prices too low they would bury WD finanitially and risk not meeting OEM & retail demands due to the parts shortage... Just my take on a snapshot look at the situation.... Just waiting for SSD's to come down in price and up in capacity to remove the need for mechanical drives... And yes, it's hurting the whole industry. Share this post Link to post Share on other sites More sharing options...
Locutus Posted February 11, 2012 Posted February 11, 2012 Just found this today, quite interesting, check it out, http://www.techspot.com/guides/494-hard-drive-pricewatch-thai-floods/ How are SSD prices looking through this? Share this post Link to post Share on other sites More sharing options...
srivastava Posted February 11, 2012 Posted February 11, 2012 Craigslist my be your only cheap option. Share this post Link to post Share on other sites More sharing options...
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