Worst Floods To Hit Thailand In 50 Years Will Cause HDD Shortages In 2012.

  • October 22, 2011 7:15 am

While residents in parts of Thailand hit by the worst flooding in over fifty years are stock piling non-perishable food and clean drinking water, computer manufacturers (and maybe even you) are beginning to stockpile hard drives. The image above shows a not so dry Western Digital factory that is reportedly (and obviously) completely shut down. There are also reports other hard drive manufacturers such as Seagate are looking at significantly reduced output. Though in Seagate’s case, whom is still running at 100% production, it is component suppliers who are facing production cuts due to the floods.

The end result according to Western Digital CEO John Coyne is “significantly reduced” hard drive supply in 2012. Apple CEO Tim Cook also touched on the looming hard drive during Tuesday’s earnings call by saying shortages are guaranteed in following quarters: “I’m virtually certain there will be an overall industry shortage of disk drives as a result of the disaster”.

If you’re a data hoarder picking up a couple extra drives now instead of later may be a good idea. On the flip side, SSD manufacturers and HDD manufacturers looking at increasing SSD production could see a benefit from the HDD shortage. Now would be a great time to to more heavily push the much more efficient, faster, and overall better technology.

Via: TIMN | AllThingsD | CRN | SeekingAlpha


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