Thailand Floods Cause Storage Shortages
October 24, 2011 7:30 AM
comment(s) - last by
The battle against flooding in Thailand continues
Thailand continues to suffer from major flooding, which is having a major impact on the PC industry
PC sales are under continued pressure from a hard drive shortage caused by major flooding in Thailand, with one-fourth of the world's HDDs originating from the flood-ravaged nation.
The floods have shutdown more than 14,000 factories and forced at least 660,000 people out of work -- and has also severely damaged an already fragile global PC industry. Thailand remains the No. 2 maker of HDDs commonly used in PCs, notebooks and servers -- with hard drive manufacturers already suffering from lower demand for PCs and peripherals.
Both Western Digital and Seagate have warned of shortages because of supply issues, while Apple and other computer makers also confirm storage problems.
Earlier in the month, WD confirmed it was going to extend the suspension of Thai facility operations, due to manufacturing facilities being flooded. Even with manufacturing facilities still functional in the United States, Singapore and Malaysia, flooding "will have significant impact on the company's overall operations and its ability to meet customer demand" for the rest of 2011.
Even worse for WD, CEO John Coyne predicts a 60% quarter revenue decline from the same period last year, as the company looks to rebound as fast as possible.
Seagate's Thai production has not been hit as hard, but the US hard drive maker is expected to have a difficult time finding parts for its products.
Some companies are trying to shift manufacturing from Thailand to other facilities, and all of them must rebuild and assist their employees. Seyyon Semiconductor expects it to take at least one year for the Thai tech industry to fully recover, with the industry to remain volatile.
The Thai government has confirmed their efforts at draining floodwater has been more successful, while Bangkok Governor Sukhumbhand Paribatra warned residents to be prepared for increased flooding.
This article is over a month old, voting and posting comments is disabled
RE: Newegg should burn
10/24/2011 9:30:57 PM
You are an idiot
"Let's face it, we're not changing the world. We're building a product that helps people buy more crap - and watch porn." -- Seagate CEO Bill Watkins
ZOTAC Announces Diminutive ZBOX PI320 pico
August 27, 2014, 9:00 AM
Quick Note: QNAP Announces $129 QGenie 7-in-1 NAS for Mobile Users
July 14, 2014, 9:32 AM
Apple Launches 21.5” iMac with 1.4GHz Core i5 Processor Priced at $1,099
June 18, 2014, 8:07 AM
Lowe's "Holoroom" Brings Holodeck, Home Improvement Dreams Closer to Reality
June 13, 2014, 9:06 AM
Intel to Broaden Market for Fanless Tablets, Ultrabooks with 14nm Intel Core M
June 3, 2014, 10:42 AM
ZOTAC Announces Four New Silent ZBOX Mini-PCs
June 2, 2014, 9:21 AM
Most Popular Articles
Apple Announces 4.7" iPhone 6, 5.5" iPhone 6 Plus
September 9, 2014, 1:45 PM
Appalling Negligence: Decade-Old Windows XPe Holes Led to Home Depot Hack
September 8, 2014, 8:58 PM
Apple Announces Its Smartwatch: The $349 Apple Watch
September 9, 2014, 2:09 PM
T-Mobile Launches Un-carrier 7.0, Beefs Up Wi-Fi Calling
September 11, 2014, 2:56 PM
HTC Preps Nexus 9 With Nvidia K1 64-Bit "Denver" SoC, Android L Onboard
September 10, 2014, 10:21 PM
Latest Blog Posts
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information