Source(Reuters) - A looming shortage of hard drives caused by floods in Thailand threatens to disrupt computer manufacturers as soon as December and hurt tech giants like Intel, Apple and Dell.
Thailand is the No. 2 maker of hard drives, used in laptops, servers and TV set-top boxes, and damage caused by flooding across the region could keep factories closed or hobbled for months, analysts and executives say.
World output of hard drives could fall as much as 30 percent in the final three months of 2011 and manufacturers that need them are now scrambling to snap up existing inventories, according to market research firm IHS iSuppli.
So buy hdd now, I saw some shops already raise their prices on hdd products....