Today's Hard|Forum Post
Today's Hard|Forum Post

Sunday October 23, 2011

Thailand Floods to Lead to Hard Drive Shortages for Months

Analysts are predicting a shortage of hard drives until at least 2nd quarter 2012 due to the devastating floods that have ravaged Thailand. Western Digital has been hit the hardest, expecting revenue to be down 60% from last year’s numbers.

Thailand’s disaster has shut down 14,000 factories, flooded hundreds of thousands of homes and put more than 660,000 out of work.