Hard Drive Prices Up 150% In Less Than Two Months
"The Register reports that hard drive prices (lowest average unit prices) have rocketed 151% from October 1 to November 14th. The worst days have seen over 5% daily price increases. This is commonly attributed to the floods in Thailand, but there are concerns of artificial price fixing and suspicion that retailers or members of the supply channel are taking advantage of the situation."
The number varies when you break it down to individual drives, but it seems to be in the right ballpark. Anecdotally, the drive I picked up on Oct. 14th would cost me 135% more today. The flood waters in Thailand have partially receded, but aren't expected to be completely gone until early December. The damage to the country's economy and property is measured in the tens of billions.
This has bitten me in the butt over the last couple weeks. We, as a rule, need a constant supply of hard drives just to keep our infrastructure going. I cannot imagine how the computer manufacturing companies are coping with this crap. I read somewhere that only a few components come out of Thailand. The idea that this trickle of parts is hindering the entire planet's ability to make drives is ridiculous.
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