Lasting impact from Thailand floods.
By Tim Colwill on June 9, 2012 at 11:43 am
Floods in Thailand during the 2011 monsoon season left many high-profile HDD manufacturers in the country unable to produce their drives, but prices were expected to have returned to normal by now. Latest estimates suggest this may not happen until 2014, with industry analysts IHS iSuppli releasing a report sugesting that we may have to wait even longer for prices to re-stabilise. “With the two mega-mergers between Seagate/Samsung and Western Digital/Hitachi GST, the two top suppliers held 85 percent of HDD market share in the first quarter 2012,” the report reads. “The concentration of market share has resulted in an oligarchy where the top players can control pricing and are able to keep ASPs at a relatively high level.”
Source: PC Gamer