Beware Storage Cost Will Be Going UP

Flood effects Hard Drive prices

I thought that this news may affect you if you are looking at updating your network or adding space for you document management system. There has been major flooding in Thailand, which is having a direct effect on world hard drive production. Western Digital’s primary drive production facility is under 12 feet of water. Seagate is currently running at 100% but they will be slowing down because the major hard drive motor manufacturer is under water as well. We will soon start to see drive shortages with prices steadily increasing. With shortages anticipated to last well into March pricing could possibly double.

Here are a few stories:

Drive shortages drive prices

Reters report on thailand floods

Storage cost going UP?

Larry Phelps
Minneapolis, Minnesota