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By now, everyone should be wondering why hard disk prices are packing up as much as 50% in a matter of days. It's been said that majority of the hard disk are made and manufactured in Thailand, and this has caused a domino effect on the hardware market - and pretty strong too!
Most of the major hard disk companies such as Western Digital and Seagate has commented that their factories have been flooded and some equipment may require some drying. Western Digital has announced that it might fall short of its goal of producing the planned 58 million units. Instead, WD projected that it will only reach as much as 22 to 26 million in production counts by the end of the year.
Most of the computer hardware consumers why there are some local distributors (such as Gaisano Interpace) who have halted individual purchases on components and prioritized more on bulk purchasers. The Thai flooding seriously affected the computer hardware industry, and with the last quarter coming up - prices are expected to rise much higher than expected this time around. Let's hope our beloved hard drive companies can recover from this loss soon and the market can enjoy lower prices on components again.