The disastrous flooding in Thailand could mean a shortage of hard drives for the next few months, with an accompanying massive price spike. This isn't the first time we've heard this news from the floods, but the effects are now beginning to show. According to DigiTimes, there could be a 10 percent shortage in hard disks from December until April as inventories will probably run out by the end of November, and production won't gear back up to full capacity until February at the earliest. Allegedly, this shortage has caused the PC manufacturers to go searching the grey market for more drives, which by their very nature have less stringent quality controls, and could mean a spate of PCs with less-than-reliable disks.
The price hikes have already started to hit consumers, and if you want a new HDD, you'd best be getting one as soon as possible — this is not the time to be waiting for a post-holiday sale. ExtremeTech has looked at the price of number of HDDs, and since September they've all significantly spiked in price, some to more than double their previous cost. While SSDs don't seem to have been hit by the floods, they'll be more popular because of it, and may also rise in price.

Comments
SSD is the future.
Posted on Nov 07, 2011 | 2:26 PM EST reply Recommend (2) Flag actions
I have wanted to change all my hard drives to SSD for a long time and soon I might do that.
Posted on Nov 07, 2011 | 2:36 PM EST reply Recommend Flag actions
I wouldnt change them all. Just get a decent sized primary for your OS and apps and then a decent sized HDD for storage/backups.
Posted on Nov 07, 2011 | 3:07 PM EST reply Recommend (1) Flag actions
PANIC!!! Everyone panic! Stock up on hard drives while you still can!
Posted on Nov 07, 2011 | 2:32 PM EST reply Recommend (2) Flag actions
damn it God, why didn’t you wait til after black friday…..I need some GBs
Posted on Nov 07, 2011 | 2:34 PM EST reply Recommend Flag actions
iPhones have geebees.
Posted on Nov 07, 2011 | 2:36 PM EST reply Recommend Flag actions
not enough for my eightchdeees
Posted on Nov 07, 2011 | 2:39 PM EST reply Recommend (1) Flag actions
Cough Cough Move production to the West Cough Cough
Posted on Nov 07, 2011 | 2:35 PM EST reply Recommend (3) Flag actions
I wonder if we will see a rise in factories being built in Deserts
Posted on Nov 07, 2011 | 2:40 PM EST reply Recommend Flag actions
not enough poor people population density to justify a factory, you need lots and lots people who would rather do crippling assembly work than starve or whore around to be viable and competitive with China
Posted on Nov 07, 2011 | 2:42 PM EST reply Recommend Flag actions
Detroit?
Posted on Nov 07, 2011 | 4:00 PM EST reply Recommend Flag actions
now thats an idea
Posted on Nov 07, 2011 | 4:07 PM EST reply Recommend (1) Flag actions
We’ve already started to scavenge older hard drives in anticipation of shortages at my work (a computer consulting company). I know most SSD companies will probably raise their prices, but this would be a great time for them to lower prices to encourage more people to switch. I know, I know, wishful thinking.
Posted on Nov 07, 2011 | 2:53 PM EST reply Recommend Flag actions
There’s an expected price drop to about $1/gb in the Q2 of 2012.
Posted on Nov 07, 2011 | 3:08 PM EST reply Recommend Flag actions
Yep. The $55 1TB drives Hitachi drives I picked up in the summer for my NAS are now approaching $150.
At these prices I may be able to sell off my half dozen old/used 250-320GB drives on craigslist.
Posted on Nov 07, 2011 | 3:02 PM EST reply Recommend Flag actions
Get over to bestbuy.com now!!!! 2TB hard drives for under 100 bucks still
Posted on Nov 07, 2011 | 4:10 PM EST reply Recommend Flag actions
I just looked on amazon and the 2TB Seagate drive that I bought 28 days ago for $79.99 is now $149.99. Ouch.
Posted on Nov 07, 2011 | 4:17 PM EST reply Recommend Flag actions
Saw 2TB drives on sale for $70, no limit today at Walmart….yeah, shortage my ass.
Posted on Nov 07, 2011 | 4:25 PM EST via mobile reply Recommend Flag actions
Prices have at least doubled in Australia.
In the meantime, I’m finally jumping to SSD for my laptop and grabbing an enclosure for the old drive.
Posted on Nov 07, 2011 | 6:52 PM EST reply Recommend Flag actions
These companies m\need to start thinking about moving back to the US because these things are getting more and more common in these 3rd world countries.
Posted on Nov 07, 2011 | 8:34 PM EST reply Recommend Flag actions
Newegg is up to some shenanigans with their HDD pricing… or shipping costs, I should say: http://bit.ly/NewEggScrewJob
Posted on Nov 09, 2011 | 11:15 AM EST reply Recommend Flag actions
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