HDD shortage and price hikes to last ’til March 2012
Last month, I noticed that prices of hard disk drives have considerably gone up in stores. This was due to the shortage of units coming in from flooded Thailand where most of the components come from.
Just had a long talk with a reliable source that’s close to a number of the manufacturers and local distributors and he tells me this trend will still continue in a few more months.
One of the most heavily affected is Western Digital and Seagate where majority of HDD production ands assembly are done in Thailand.
The shortage was so critical that in some areas, the retail prices of hard drives have tripled. I was in Gen San the other week and was told my my cousin there that the prices of HDDs are twice expensive than before.
My source tells me the prices will continue to be inflated until end December and might not stabilize and fall back to normal prices before March 2012. That’s 3 more months to go before we can go back to thinking of upgrading to a new HDD.
For the meantime, I’d always suggest to folks to hold off purchasing large-capacity hard drives.