Seagate Says HDD Shortage to Continue Throughout 2012

Seagate logoMassive flooding ravaged Thailand late last year. The problem for storage vendors such as Seagate and Western Digital was that much of the hard drive production that supplies the computer technology world is done in Thailand. The flooding meant many employees were unable to get to work, and many factories were damaged by high water significantly impacting production.

Analysts predicted the computer industry wouldn't see the worst of the storage shortages until this year. Seagate has confirmed that the analysts were in fact correct. Seagate is saying that its shortage of hard disk drives will continue throughout 2012 and supply will continue to fall short of demand, pushing prices up across the technology industry.

Seagate notes that in 2012 it expects a HDD shortage of about 150 million units. Those estimates are in line with analysts' predictions. Seagate competitor Western Digital has also announced that it doesn't expect HDD production to reach the same levels as before the flood until the third quarter of 2012. Estimates claim the industry was only able to ship 119 million HDD units in the quarter that ended December 2011, while demand was for 175 million units.

Seagate was able to ship 47 million units in the quarter ending December 2011, a decline of 4% from the same quarter in 2010. The decline in shipments was blamed on a shortage of components.

The major HDD manufacturers including Seagate and Western Digital have shifted as much production to unaffected facilities in other countries as possible. Other than facing damage to their own facilities HDD makers are also facing component shortages since many manufacturers that the major HDD suppliers rely on are also unable to produce components. Seagate plans to hold an auction for about 200,000 storage drives later this week to gauge demand.

Late last year, Seagate announced that it was cutting back on the standard warranty for a number of its hard drive families. Not surprisingly, Western Digital soon followed up with its own cuts.

Source: DailyTech

Tags: HDDs, Seagate

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

A mobile hotspot in Australia will be capable of hitting gigabit speeds on the go
A new game could be in the works as Blizzard appears to have been hiring for a Diablo-related project
Nokia CEO Rajeev Suri will speak at MWC 2017
However what if you could go way, way back?
The Helio P15 packs an octa-core Cortex-A53 processor clocked at 2.2GHz
Samsung claims up to 27-percent higher performance or 40-percent lower power
Preliminary data for October shows another Windows 10 boom
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
HP Slate 7 is a 7-inch Android 4 Tablet PC with good sound
A cost-effective, 7-inch tablet PC from a renowned manufacturer
October 25, 2013 / 4

News Archive



Do you use microSD card with your phone?
or leave your own version in comments