Woe is you if your hard drive gives up the ghost, and not just because of the hassle involved with restoring data from your backups (because you are backing up your files, right?). The other reason it sucks to lose a hard drive right now is because recent flooding in Thailand hit HDD makers pretty hard, resulting in a shortage, which itself has resulted in higher prices. Unfortantely, the trickle down effect doesn't stop there.
Seagate's restructuring its hard drive lineup in an attempt to streamline its selection and make it easier to shop for storage. It starts with the introduction of a new 1TB-per-platter hard drive simply called Barracuda, which for the time being will replace all three hard drive lines. Seagate will end production of its Barracuda Green drive in February 2012, and in the short term, the high end Barracuda XT line is being folded into the new Barracuda family.
As hard drive component suppliers struggle to recover from recent flooding in Thailand, Acer revealed during an investor conference that it has no choice but to charge more for its products. Acer sees little to no alternatives when the cost of hard disk drives spikes by as much as 20 percent, costs that are ultimately passed on to the consumer.
We’ve been keeping you up to date on the effects of the Thailand floods on the hard drive market as we’ve received news of the situation: both Western Digital and Seagate, the world’s largest suppliers of HDDs, have been forced to halt or cut back on production as the waters rose around their factories. HDD prices are already expected to rise over the next year as a result. Now, add Toshiba to the list of impacted companies – and its flood damage is so severe that it doesn’t plan on opening the facility again anytime soon.
Hard drive maker Seagate said it shipped 51 million disk drives in its fiscal first quarter for 2012 ended September 30, 2011. Seagate also reported revenue of $2.8 billion, up from just shy of $2.7 billion one year prior. Net income for the quarter fell to $140 million, or 32 cents per share, down from $149 million, or 31 cents per share in the same quarter one year ago, but still outpaced Wall Street's expectations, according to an AP report.
The common line on solid state drives is that you can’t beat their speed, but the itty-bitty storage space capabilities leave a lot to be desired, at least on laptops. OCZ’s new Octane series of SSDs want to put an end to that disclaimer. The Octane line claims to be the first to cram 1 TB of SSD storage into a slim and trim 2.5-inch laptop drive, and if that wasn’t enough, its advertised read-write speeds are freakin’ fast. Maybe they should have called it the High Octane series?
Need more storage space? If you don't fancy yourself a gambler, it's a good idea to shop hard drives now rather than roll the dice that prices for mechanical storage will stay dirt cheap. The flooding in Thailand hit the hard drive industry pretty hard and it's now expected that HDD prices will go up as component costs rise and inventory gets low.
StarTech specializes in hard-to-find connectivity parts and the occasional gee-whiz device, the latter of which is what the company's new USB 3.0/eSATA to SATA Standalone 1:3 Hard Drive Duplicator Dock falls under. In case it's not obvious from the product title, this is a device that performs 1:3 sector-by-sector duplication from a single SATA drive onto three others all at the same time, and you don't need to plug it into a PC.
Ultrabook players were hoping Intel would cut them a break with a juicy 50 percent discount on Core i processors to be used in the new notebook form factor. Intel, having already earmarked millions of dollars towards marketing the Ultrabook concept, scoffed at the idea of half-off CPUs, leaving notebook makers looking for other ways to cut back costs. Hello hybrid storage.
Severe flooding in Thailand forced Western Digital to temporarily close shop in its Bangkok facilities last week, and now that it's had time to assess the damage, things aren't looking so great. Western Digital issued a statement updating the situation today and said it expects the flooding to impede the company's ability to fulfill product demand through the end of the year.