[Brian]

Western Digital today announced that it is beginning to recover from the devastating floods in Thailand that left many of its factories under water. One building in the company’s Bang Pa-in facility was brought back on line and started producing hard drives again on November 30th. The Bang Pa-in building had been under six feet of water since October 15th and took until November 17th to pump dry. Other buildings in this facility still need to be decontaminated, but so far the cleanup process has been ahead of internal schedules. The other large WD hard drive facility in Navanakorn, Thailand still remains under 2-feet of water and is currently being pumped dry.


Western Digital Offers Update on Thailand Factory Recovery Efforts and Market Effects

[ChrisMcPole]

Cold comfort? I call it price gouging. Their consumption estimates are full of it. Their only task is to keep the prices high for as long as possible, so I can bet mid 2012 will not change a thing

[drewjbaxter]

ChrisMcPole, on 02 December 2011 - 10:36 AM, said:

Cold comfort? I call it price gouging. Their consumption estimates are full of it. Their only task is to keep the prices high for as long as possible, so I can bet mid 2012 will not change a thing

Well, the fact their margins are higher than estimated is obviously good for them and not for us. If they can sell less and make the same money, you're right, they might be stroking their chins and thinking "hmmm".

[[ETA]MrSpadge]

... just don't let Seagate eat more of the cake than them

MrS

[ChrisMcPole]

drewjbaxter, on 02 December 2011 - 12:23 PM, said:

Well, the fact their margins are higher than estimated is obviously good for them and not for us. If they can sell less and make the same money, you're right, they might be stroking their chins and thinking "hmmm".

The demand is not as high as they claim, thus there is no real shortage. And if it's in place in some markets, like the US/Canada for instance - it's artificially created by suppliers to keep prices high. There is no need to prove it, it's a fact.

http://www.digitimes...11116PD212.html