There has been another development in our ongoing coverage regarding how the flooding in Thailand has been affecting the hard drive industry. With the waters receding and the supply chains starting to open back up, the prices on drives have started to level off. We were expecting them to return to pre-flood pricing somewhere around the middle of 2012.
However, widespread migrant workers strikes in China may now cause another blip in the overall availability of completed drives.
There is a chance that these strikes may cause another, short-term, constraint on drive supply due to slowed production and unavailability of components as a result of the strikes. While this may or may not affect drive costs in the near future, we’re still optimistic for the return to normal by summer.
For further reading on the strikes themselves we suggest the following articles:
- Chinese factories hit by strikes amid manufacturing slowdown
- Can China keep its workers happy as strikes and protests rise?
- Nearly 1,000 Workers Strike at Hitachi GST in Shenzhen
As always, OWC is working hard to ensure inventory of all types of storage devices, price them competitively to prevailing market conditions, and keep you abreast of the trends to help with your purchase decisions.