Friday, October 09, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Removes Apps From Online Store
PC Shipments Kept Falling In 3Q
Apple Says Battery Tests For iPhone 6s Lineup May Be Misleading
Qualcomm Showcases 24-core Server Chip
AT&T Customers Allowed To Make Calls Over Wi-Fi
Amazon Launches App Developing Platform For IoT
18.4-inch Samsung Galaxy View Tablet Passes FCC Certification
Facebook to Test Emoji Icons
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > PC Parts > Hard Di...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 17, 2011
Hard Disk Drive Shortages To Ease By The End Of 2012

Seagate Chief Executive Officer Stephen J. Luczo is forecasting difficult times for the drive industry.

The recent floods in Thailand have caused significant disasters to the factories of Western Digital, Toshiba and Seagate, as well as to other suppliers of components needed for making hard disk drives.

Seagate's CEO is not very optimistic about when HDD production will be back to pre-flood levels.

"This is going to take a lot longer than people are assuming, until the end of 2012 at least," he said speaking to Bloomberg. And by then, demand will have gone up."

Compared with the scores of companies in the disk drive industry with operations in Thailand, Seagate Technology Plc is lucky. The company's two biggest competitors, Western Digital and Toshiba , both have major factories in the flood zone, and industry production this quarter is expected to be 50 million drives short of its 180 million target.

Average drive prices have already jumped about 20 percent because of the flooding.

GE To Invest $1B in Software Development        All News        Kingston Launches its Fastest USB Flash Drive
New Server Motherboards For Intel Xeon Processor E5 Coming Next Year     PC Parts News      Kingston Launches its Fastest USB Flash Drive

Get RSS feed Easy Print E-Mail this Message

Related News
Seagate to Cut Workforce
Seagate Develops High Density Mobile Hard Drive Technology, New Portfolio of 8TB Hard Drives
Seagate Teams with Toshiba, WD for Kinetic Open Storage Project
Seagate Expands Flash Portfolio With New Nytro Flash Products
Seagate Announces Game Drive for Xbox One and Xbox 360
Seagate Micron Alliance Introduce New SAS Solid State Drive
Seagate Launches New Hybrid Cloud Data Protection Solutions
Seagate Demos HAMR Drives
New Seagate Backup Plus Drives Feature 200GB Of OneDrive Cloud Storage
New Samsung HDDs Deliver up To 4TB Of Storage In Thin And Portable Designs
A Look At Upcoming SSD Controllers
Seagate Combines Cloud Storage Systems, High Performance Computing and Electronic Solutions Groups

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .