Flooding in Thailand has wreaked havoc on the hard- drive industry and sent prices through the roof. Things are bound to go back to normal eventually, though, right?
Perhaps, but if Seagate CEO Stephen Luczo is right, don't hold your breath. Speaking to Bloomberg, Luczo labeled as "nonsense" estimates that drive production will return to "pre-flood levels" by next summer. He added:
“This is going to take a lot longer than people are assuming, until the end of 2012 at least,” he says. “And by then, demand will have gone up.”
Yikes. We were already expecting things to get worse before they got better, but the prospect of another year (or more) of inflated prices sounds pretty rough. I guess the days of sub-$100 2TB hard drives are gone for the foreseeable future.
|Nvidia's GeForce GTX 1080 graphics card reviewed||178|
|Color TV Day Shortbread||46|
|Oculus removes hardware check DRM from Rift exclusives||13|
|Only one month to go before the "second-10th" TR BBQ||8|
|Deals of the week: an affordable Core i7-6700K and gaming gear||20|
|3DMark is getting a full-featured DirectX 12 benchmark||29|
|Swim-a-Lap Day Shortbread||18|
|Steam Summer Picnic sale is all about tasty games||42|
|Corsair Vengeance LED DIMMs are serious about color coordination||22|