The wrath of Mother Nature in Thailand is applying severe pressure on the hard disk drives and IT industry as well as the major PC OEM’s. This region assembles roughly 40% of the worlds HDDs. The major floods occurred during the 2011 monsoon season in Thailand and the hardest hit areas were Chao Phray and the Mekong River basin. Flooding began in late July and continued over the next 3 months.
What this means to the average user is rising mechanical hard drive prices. It is reported that SSD drives are stable at the moment. Prices are up about 20% and may go much higher if cleanup efforts extend past early estimations through the 4th quarter of 2012. This holiday season you may want to consider buying one or two storage devices if you suspect you may need one next year even if its a negligible need. Hard drive pricing does not look good for next year and any purchases this year could save you substantial gigabyte per dollar ratios. If you do make a purchase consider using one as a backup for your photos , music and documents. Its never too late to start backing up your data and get on track for 2012. Data Backup 3 and Drive Genius 3 are great additions when purchasing new storage devices. They can help schedule your backups and keep them running in tip top shape for years to come.