Seagate says hard drive shortage will continue through this year
Highly rated gadgets
-
10.0
Nikon Z 7
-
9.1
Apple iPhone XS Max
-
9.0
Sony WH-1000XM3
-
8.0
BlackBerry Motion
-
8.5
Xiaomi Mi A2
-
9.0
Panasonic LUMIX LX100 II
-
10.0
FujiFilm X-T3
-
9.0
FujiFilm XF10
-
9.1
Apple iPhone XS
Seagate said in its recent fiscal second-quarter earnings report that it expects the flooding in Thailand to result in a continued hard drive shortage throughout 2012. The company originally reported issues after flooding affected its factories in October, 2011. In addition, analysts have suggested that the floods could increase laptop and desktop PC prices, and hurt overall sales for major computer vendors. Seagate said that it shipped 47 million hard drives during the second fiscal quarter of 2012, which was down just 4% from the same quarter last year. The company confirmed in its earning statement that it has already secured long-term deals to make sure prices don’t inflate further. »read more
More at: www.bgr.com Add additional source
Filed in: Seagate