Get ready to loosen up your pocket because there will be steep price rise in Hard disk all around the globe. This is basically due to Thailand floods due to which the prices has one up . Thailand is responsible for a large number of drives being sold, globally. Seagate and Western Digital, two of the biggest hard drive brands have their manufacturing units, there. Western Digital’s factories were reportedly affected by the floods and needless to say, their production took a beating.
Since then, there has been a shortage of hard drives and expectedly, their prices have almost doubled.
The reason for the prices is that many of the suppliers who ship parts to Seagate were hit by the floods. It’s not just computer users around the world who’ll feel the pinch of increased hard drive prices, but also large web hosting service and data centres who constantly require additional, large capacity storage drives.