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Thailand flood disaster: how it's affecting companies, employees, and their products
Beyond the immense scope of the disaster for the citizens of Thailand, the country's recent floods have had a profound impact on the many high-tech companies (and their employees) that do business in the region. Here's a look at some of the fallout.
If you'd like to help with the flood relief efforts, the Red Cross' Thai site is accepting donations.
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March 30, 2012
HDD prices could drop by 10 percent at the end of April
Industry sources have suggested that hard disk prices could fall by 10 percent at the end of next month, the first sign of recovery from manufacturers since the Thai flooding disaster last October.
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February 28, 2012
Western Digital and Toshiba trade hard drive tech, clearing the way for WD / Hitachi merger
Western Digital and Toshiba have agreed to trade parts of their respective businesses by March 2012, leaving Toshiba with equipment and intellectual property to build 3.5-inch hard disks, and Western Digital with a shuttered 2.5-inch plant in Thailand and the divestiture it needed for approval to merge with Hitachi.
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February 1, 2012
Seagate's hard drive shortage from Thailand floods expected to continue throughout 2012
Seagate acknowledged that hard drive shortages will most likely continue throughout the calendar year of 2012, with supply trailing demand by about 150 million units by the end of 2012.
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January 25, 2012
Nvidia and AMD blame hard drive shortages for poor GPU sales
Despite the fact that neither AMD nor Nvidia manufacture a product that requires a magnetic drive, both claim that the hard drive shortages that resulted from the 2011 Thailand flood disaster impacted their ability to sell graphics processors, and ultimately their bottom line.
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January 24, 2012
Western Digital hard drive prices rose 47 percent after Thai floods
Western Digital's hard drive prices rose 47 percent to $69 per unit over last year, but it sold 23.7 million fewer hard drives, a 45 percent drop. The company expects manufacturing to return to pre-flood levels by September 2012.
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December 12, 2011
Intel lowers Q4 revenue expectations as a result of Thailand flooding
Intel has reduced its fourth quarter revenue estimate to $13.7 billion as a result of hard drive shortages brought about by flooding in Thailand.
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December 8, 2011
Sony to start shipping NEX-7 this month, manufacturing recovering after Thai floods
Sony announced today that after a long delay because of flooding in Thailand, the NEX-7 will start to ship to pre-order customers before the end of the year.
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November 29, 2011
Sony NEX-7 to be available in January, but supply affected by Thai floods
Sony USA COO Phil Molyneux says the NEX-7 will arrive in January.
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November 23, 2011
Seagate CEO speaks about Thailand floods and resulting hard drive shortages
Seagate CEO Steve Luczo was interviewed about the impact of the Thailand floods and assessed the future of industry, which may not return to normal until the end of 2013.
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November 17, 2011
Sony resumes production of SLT and NEX cameras after flood-induced delay
After indefinitely postponing the release of its new SLT and NEX cameras due to the flooding in Thailand, Sony has resumed production.
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November 11, 2011
Nikon: 1 series camera sales are strong, 'cannot keep up with demand'
Nikon says sales of its 1 series cameras are strong. Will increase production in response to flooding of its base DSLR production facility in Thailand.
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November 5, 2011
Nikon factories to remain closed until 2012 due to Thailand floods
Nikon has issued a third official note on the damage to its facilities from the ongoing flooding in Thailand, and it looks like it will be closed into next year.
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November 2, 2011
Sony forecasts $1.2 billion loss for the year
As expected, Sony just announced dismal earnings for the quarter and projected year.