Some of you may remember the flooding in Thailand back in 2011 that caused the prices of hard drives to skyrocket. A similar situation could arise again, if rainfall continues. A recent report says that flooding is already "encircling" the Thai industrial park, but the Government promises a repeat of 2011 will not happen.
During the flooding in 2011, more than 800 people lost their lives across Thailand, and enough damage was done to the tech industry to cause hard drive prices to skyrocket to levels not seen in years. It took more than a year for tech prices to level off, but more importantly, Thailand has yet to recover fully from the damage. We will be keeping a close eye on flooding reports and our storage gurus Paul Alcorn and Chris Ramseyer will alert us of any breaking news.