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Hard drive prices may drop back as soon as December

updated 10:10 pm EST, Wed November 16, 2011

Hard drive shortages may be short-lived

The hard drive shortages triggered by Thai flooding might be resolved as soon as December. Resellers claimed Wednesday to Digitimes that they hadn't seen as much scarcity as expected and even had an oversupply. They reportedly plan to drop prices next month to clear out stock.

A recovery in key hard drive part supplier Nidec's production plants may have been key. An "obvious" improvement in supply should appear by January or February, the resellers said.

Sluggish PC sales may ironically help the hard drive business by cutting back on demand for the storage. A poor economy has been a common factor, although Apple's iPad has helped drain sales away from netbooks and budget notebooks, most of all from big but budget-focused PC builders like Acer.

While not confirmed on a broader level, a quicker end to the shortage could avoid some of the more dire predictions. Researchers at IDC warned that the Thailand flooding could plunge PC sales by 20 percent as even larger companies might not have enough finished PCs to ship.



By Electronista Staff
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Comments

  1. Paul Huang

    Mac Enthusiast

    Joined: Sep 1999

    +2

    Many people have been running...

    Without any backup, so as soon as the flood hit and as Western Digital (the preferred 3.5" supplier because of Seagate's disastrous 7200.11 and 7200.12 series) was completely immobilized, the demand for Seagate's stagnant supply started to spike up. Of course, Seagate took the opportunity and raised the prices.

    The panic buying is very similar to the 3/11 Tsunami brought us. Cameras, cars, and small electronics all spiked immediately after the tsunami hit.

  1. juraiprince

    Fresh-Faced Recruit

    Joined: Feb 2006

    0

    I'm Guilty too...

    My current 500GB Western Digital HD is almost full, and I just ordered a 3TB version from Amazon last night. I think I got a great price on it though, being that it was less than $180 when every other site I checked had them starting at $230 and most actually having it at $299!!! YIKES!!!

  1. Paul Huang

    Mac Enthusiast

    Joined: Sep 1999

    0

    750/7200 Scorpio black

    Just a few days before the Thailand flood, Amazon.com had the 2.5" drive for $85 (deal of the day). I snapped it up immediately to replace my silly Seagate Momentus XT 500GB. Now the WDC 750/7200RPM black is $250—if you can find one.

    Unreal.

  1. Paul Huang

    Mac Enthusiast

    Joined: Sep 1999

    -1

    G-Drive

    G-Drive has Hitachi in it and G-Drive is now owned by WDC. The external 3TB drives are in the $280 range, but the internal ones are more. Figure that one out.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    0

    Re: Many people have been running...

    ...the demand for Seagate's stagnant supply started to spike up. Of course, Seagate took the opportunity and raised the prices.

    It's called supply and demand. Look it up. I'm sure third-party sellers jacked their prices up too. But why mention them when you can just blame seagate for all your troubles.

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