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HDD shipments to hit record high, have recovered quite well from the Thailand floods

HDD market has fully recovered from the Thailand floods, set for record high numbers.

@anthony256
Published Sun, Sep 30 2012 12:20 AM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

The Thailand floods were a tragic event, hitting hard drive manufacturers Seagate and Western Digital pretty hard. At the time, hard drive prices went up quite significantly, and are only returning close to pre-flood levels now. How are things business-wise for HDD manufacturers? Well, in a word - great.

HDD shipments to hit record high, have recovered quite well from the Thailand floods | TweakTown.com

Some new numbers from IHS iSuppli have said that the HDD market for PCs has fully recovered, and is set to hit an all-time high. IHS iSuppli expect internal hard drives to smash through 524 million units shipped this year, beating the previous record by 4.3%.

Where is this increased demand coming from? The firm thinks that the boost in shipment numbers is thanks to the impending release of Windows 8, as well as Ultrabooks. While we're close to pre-flood HDD prices, we're still not there yet but IHS iSuppli have said that HDD prices aren't expected to drop below pre-flood levels until, wait for it, 2014. By 2016, if IHS iSuppli's predictions become reality, we're looking at HDD shipments reaching 575.1 million by 2016.

NEWS SOURCE:engadget.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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