Thailand Floods: HDD Prices To Remain Extortionately High As Supplies Get Tighter

qubit · Nov 5, 2011, 05:32 AM

The recent dreadful flooding in Thailand has forced the closure of several hard drive factories. The immediate concerns of course, are for the health and wellbeing of the people living and working in the area. The wider concern is the severe restriction in hard drive manufacturing capacity. Already, prices have doubled or tripled, depending on the exact model affected. The biggest HD manufacturer, Western Digital, has been hit the hardest, as IDC predicts that up to 75% of its production will be shut down. This means, that the big corporate HDD customers, those like HP and Dell, who build computer systems in large volumes, will get whatever inventory is available to fully satisfy their needs. Whatever is left is then sold on to the retail channel, for ordinary consumers to buy. IDC believes that hard disk production will reach pre-flood levels by around March, but that HDD levels by then will be very low. The prices should go through the roof then, in the meantime. As expected, this will also increase the prices of complete systems, as such a price hike is too much to absorb fully.

Source: Network World

qubit · Nov 5, 2011, 05:33 AM

Thanks to Damn_Smooth for the lead.

n-ster · Nov 5, 2011, 05:42 AM

Damn

I was thinking mid-Feb would be much more than enough to to get to pre-flood prices...

This destroys many of my plans... I had at least 12 HDDs that I wanted to buy. Sucks for me... Though it does suck even worse for Thailand

Neuromancer · Nov 5, 2011, 05:45 AM

Isn't there already a multipage thread on this? Should close this one like erocker does for bulldozer threads

TheLaughingMan · Nov 5, 2011, 06:24 AM

You can't close a news post. If anything happens, the original thread(s) about this will be removed, but I doubt that because it would be mean.

n-ster · Nov 5, 2011, 07:12 AM

Why thread-crap on this thread? just PM him or a someone else (super-mod? bta?) if you truly think this shouldn't be here... I personally like it as a news post, and this is about how bad the situation actually is vs just stating the situation.

Either way, please people, try not to thread-crap, especially in news posts... Use private communication or what's wrong with the forum?" thread

FordGT90Concept · Nov 5, 2011, 07:18 AM

I hope HDD manufacturers learned their lesson about putting too many eggs in one basket. Yes, labor might be cheap there but when there's a 144% increase in commedity price, most people aren't going to buy.

Rowsol · Nov 5, 2011, 07:19 AM

I hear SSDs are the future. Lets go back to the future.

de.das.dude · Nov 5, 2011, 07:33 AM

i was savin up for a new HDD

Damn_Smooth · Nov 5, 2011, 07:33 AM

It is going to be a long wait until March. I'm in the process of building a system for my brother right now. Luckily he has a hard drive we can use as a temp until then.

RejZoR · Nov 5, 2011, 07:39 AM

Current HDD prices are insane. Are they made out of gold and platinum or something? :lunatic:

Damn_Smooth · Nov 5, 2011, 07:41 AM

Quote:

Originally Posted by RejZoR

Current HDD prices are insane. Are they made out of gold and platinum or something? :lunatic:

Nope, they just aren't being made at all.

Jack Doph · Nov 5, 2011, 09:02 AM

Quote:

Originally Posted by Damn_Smooth

Nope, they just aren't being made at all.

Nonsense.
Less than 25% of HDDs are manufactured in Thailand, so there is most definitely a case for price gouging going on.
It's yet another typical response by businesses to turn a human tragedy into a profit margin.
That said, it is true that WD in particular has invested a lot of their operations in Thailand, but this is far less true for the other manufacturers (Seagate in particular).

Jetster · Nov 5, 2011, 10:10 AM

What no flood sale?

http://www.crn.com/news/storage/2319...sPg**.ecappj01

mtosev · Nov 5, 2011, 10:13 AM

SSDs FTW

rpsgc · Nov 5, 2011, 10:30 AM

Free market FTW! Right? Right? Riiiight?

HossHuge · Nov 5, 2011, 10:30 AM

People will be burning DVD's more until prices come down again.

N-Gen · Nov 5, 2011, 10:34 AM

Yup, guess my next step will be an optical drive instead of HDD. A BD writer might cover me until prices are down again.

Wagoo · Nov 5, 2011, 10:55 AM

There are still some bargains out there if you look in shops too slow to react.

Jack Doph · Nov 5, 2011, 10:59 AM

Quote:

Originally Posted by N-Gen

Yup, guess my next step will be an optical drive instead of HDD. A BD writer might cover me until prices are down again.

You know, I find that very interesting, because if I look at the local prices here (Australia) I'm rather astonished at the fact that external HDDs have barely changed in price.
I wonder if that's just a local thing, or a gamble on customers not looking at the similarities between external and internal drives?

NdMk2o1o · Nov 5, 2011, 11:00 AM

Quote:

Originally Posted by n-ster

Why thread-crap on this thread?

Cause it's a qubit thread of course, flavour of the month is jump on the bandwagon and trash the new news posters threads, didn't you get the memo??

I have just bought 2x 2Tb drives and managed to get them at a good price, you can still find the odd drive or external drive at the same price as they were though they really are few and far between, on a different note at least I can sell my 2 500Gb wd5000aaks drives for more than I bought them for

N-Gen · Nov 5, 2011, 11:20 AM

Quote:

Originally Posted by Jack Doph

You know, I find that very interesting, because if I look at the local prices here (Australia) I'm rather astonished at the fact that external HDDs have barely changed in price.
I wonder if that's just a local thing, or a gamble on customers not looking at the similarities between external and internal drives?

External drives here are even more expensive than the internals actually.

Wagoo · Nov 5, 2011, 11:32 AM

2TB externals here are the ones I found at an unadjusted price. Bought 4 so far, may pick-up some more today. Just a normal Seagate Barracuda Green inside.

N-Gen · Nov 5, 2011, 11:34 AM

Quote:

Originally Posted by Wagoo

2TB externals here are the ones I found at an unadjusted price. Bought 4 so far, may pick-up some more today. Just a normal Seagate Barracuda Green inside.

Wish I could do that, I managed to get a 1TB Black before the prices shot up, and I'm running low. Hopefully by the time everything is back to normal we'll have some 4TB drives out.

AhokZYashA · Nov 5, 2011, 11:41 AM

aaaaannnddd, just in time when all my 2TB HDD's are full,

how can i save all my files?

Nov 5, 2011, 05:32 AM	#1
qubit Overclocked quantum bit Join Date: Dec 2007 Location: Quantumville UK Posts: 8,646 (4.34/day) Thanks: 4,176 Thanked 3,302 Times in 1,942 Posts System Specs	Thailand Floods: HDD Prices To Remain Extortionately High As Supplies Get Tighter The recent dreadful flooding in Thailand has forced the closure of several hard drive factories. The immediate concerns of course, are for the health and wellbeing of the people living and working in the area. The wider concern is the severe restriction in hard drive manufacturing capacity. Already, prices have doubled or tripled, depending on the exact model affected. The biggest HD manufacturer, Western Digital, has been hit the hardest, as IDC predicts that up to 75% of its production will be shut down. This means, that the big corporate HDD customers, those like HP and Dell, who build computer systems in large volumes, will get whatever inventory is available to fully satisfy their needs. Whatever is left is then sold on to the retail channel, for ordinary consumers to buy. IDC believes that hard disk production will reach pre-flood levels by around March, but that HDD levels by then will be very low. The prices should go through the roof then, in the meantime. As expected, this will also increase the prices of complete systems, as such a price hike is too much to absorb fully. Source: Network World Last edited by qubit; Nov 6, 2011 at 08:20 AM.

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qubit Overclocked quantum bit Join Date: Dec 2007 Location: Quantumville UK Posts: 8,646 (4.34/day) Thanks: 4,176 Thanked 3,302 Times in 1,942 Posts System Specs	Thanks to Damn_Smooth for the lead. __________________ Siggie in the post.

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Nov 5, 2011, 07:18 AM	#7
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Nov 5, 2011, 11:32 AM	#23
Wagoo Join Date: Jun 2008 Posts: 18 (0.01/day) Thanks: 0 Thanked 1 Time in 1 Post	2TB externals here are the ones I found at an unadjusted price. Bought 4 so far, may pick-up some more today. Just a normal Seagate Barracuda Green inside.

Nov 5, 2011, 11:41 AM	#25
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Hard Disk:	Corsair Force GT 120GB + 4x2TB external / 500GB Hitachi
Optical Drive:	Blu-Ray reader+DVD-RW combo drive / Samsung DRD-RW
CRT/LCD Model:	AUO 1920x1080 B+RGLED 15.6" / LG TV
Case:	aluminium slate / NZXT Source 210
Sound Card:	SB X-Fi MB + JBL 2.1 onboard speaker > Sennheiser HD600, Etymotic ER4P / Philips compo
PSU:	130W Power Brick / Xigmatek Touro 400W
Software:	Win 7 Home Premium 64-bit / Win 7 Ultimate 32
Benchmarks:	not benching anymore...