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Hard Drive Shipments Back on Record Track After Thai Floods

By - Source: IHS | B 47 comments

The hard drive industry has shed the impact of the catastrophic Thailand flood last year and has fully recovered, IHS reports.

The market research firm believes that total 2012 HDD shipments will be 524.0 million units, up from 502.5 million in 2011. The industry is, according to IHS, poised for strong growth and will sell 575.1 million drives in 2016. This number only includes shipments into the PC and market, but not drives shipped into the automotive market, for external drives, or consumer electronics such as DVRs.

"HDD shipments for computers will overcome a sluggish third quarter to reach record levels in 2012," said Fang Zhang, analyst for storage systems at IHS.

"The yearly rise in HDD shipments is the result of greater demand from the consumer and enterprise PC segments, both of which continue to clamor for disk space in order to hold storage-intensive media like music, videos and other forms of social media content," he said. "As downloadable media content becomes more readily accessible and affordable, so will the quest for storage space continue in order to satisfy unremitting demand."

Potential growth driver for hard drive sales will be Windows 8, as well as compact notebook from factors such as Ultrabooks.

 

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  • 31 Hide
    anort3 , October 1, 2012 1:17 AM
    Prices are still inflated though. Before the flooding a 500GB drive could be had for ~$50 and a 1TB drive for ~$70. Prices now are still 25-50% higher than that.
  • 26 Hide
    memadmax , October 1, 2012 1:09 AM
    But not before they milked that cow...
  • 25 Hide
    tanjo , October 1, 2012 1:19 AM
    But the prices in my area still ~30% higher than pre-flood prices. :( 
Other Comments
  • 26 Hide
    memadmax , October 1, 2012 1:09 AM
    But not before they milked that cow...
  • 31 Hide
    anort3 , October 1, 2012 1:17 AM
    Prices are still inflated though. Before the flooding a 500GB drive could be had for ~$50 and a 1TB drive for ~$70. Prices now are still 25-50% higher than that.
  • 12 Hide
    echondo , October 1, 2012 1:18 AM
    It's already too late. Unless I can get a 1TB Western Digital Hard drive for $50, I'll continue to use cloud storage and SSDs.
  • 25 Hide
    tanjo , October 1, 2012 1:19 AM
    But the prices in my area still ~30% higher than pre-flood prices. :( 
  • 21 Hide
    drwho1 , October 1, 2012 1:20 AM
    just days before the FIASCO started 2TB drives were $79 on Newegg.
    If it weren't for this FIASCO we would have 4TB for $79 by now.
  • 16 Hide
    killerchickens , October 1, 2012 1:37 AM
    Tried to make a text cow but it didn't work. :( 
  • 23 Hide
    mouse24 , October 1, 2012 2:04 AM
    master_chenHmmm...I thought prices got back to normal, like, 4 months ago...Gruener, you're slowpoking again, huh?


    Prices haven't been "normal" for quite a while now. I assume you mean production levels?
  • 9 Hide
    jimmysmitty , October 1, 2012 2:05 AM
    anort3Prices are still inflated though. Before the flooding a 500GB drive could be had for ~$50 and a 1TB drive for ~$70. Prices now are still 25-50% higher than that.


    While prices are still inflated, they are dropping back to normal. For a while my store couldn't get any 320GB HDDs. We have them again finally. And 2TBs are $99 which isn't too bad.

    They will decline steadily again and we will see better prices in the coming months.
  • 25 Hide
    cumi2k4 , October 1, 2012 2:08 AM
    good, now how about returning the price and warranty period back before the flood, mmkay?
  • -4 Hide
    dudewitbow , October 1, 2012 2:15 AM
    prices wont be normalized until probably 2014 at the least. Though in my opinion, the way that Hard Drives should start too move into is Hybrid HDD, to pose as a middle man between SSD's and HDD's.
  • 17 Hide
    bebangs , October 1, 2012 2:27 AM
    yeah.. prices seems to be still flooded.
  • 9 Hide
    f-14 , October 1, 2012 2:43 AM
    HDD shipment volumes maybe vback on track but prices are still freakin outragous!
    i bought a 1TB western digital caviar black 64mb cache 7200 rpm 2 years ago for $79 at a retail store.
    right now it's $110 with $8 shipping on newegg
    http://www.newegg.com/Product/Product.aspx?Item=N82E16822136533


    on the other hand SSD prices have dropped nearly $200 and a 120GB SSD can be had for $79 now
  • 2 Hide
    jossrik , October 1, 2012 2:43 AM
    I think the thing is we're just now seeing prices around what they were two years ago, which is still behind the curve as far as tech goes. I just picked up a 2TB for like 90$ shipped, pretty good, 45$ a TB, but I bought my last three 1TB drives for 50$ a TB two years ago. So, better than two years ago, but still not where it would have been without the flooding. Hope we can go some more years without more flooding over there. Weather can be fickle.
  • 7 Hide
    nebun , October 1, 2012 2:44 AM
    anort3Prices are still inflated though. Before the flooding a 500GB drive could be had for ~$50 and a 1TB drive for ~$70. Prices now are still 25-50% higher than that.

    the same thing happened with gas prices....now we are used to paying over 4 dollars for a gallon of gas....this is really sad
  • 4 Hide
    notdave , October 1, 2012 2:44 AM
    that's because WD and SG had both been busy buying out the competition. Less competition equals higher prices. welcome to the new normal
  • 9 Hide
    tomfreak , October 1, 2012 2:55 AM
    I stick to my gun, not buying until they drop b4 flood price level and restore back to 3 yrs default warranty.
  • 6 Hide
    digiex , October 1, 2012 3:14 AM
    ...but the prices remained high.
  • -4 Hide
    rantoc , October 1, 2012 3:44 AM
    jimmysmittyWhile prices are still inflated, they are dropping back to normal. For a while my store couldn't get any 320GB HDDs. We have them again finally. And 2TBs are $99 which isn't too bad.They will decline steadily again and we will see better prices in the coming months.


    They will as long as they don't sell the volumes they make, supply and demand...
  • 4 Hide
    bison88 , October 1, 2012 3:58 AM
    memadmaxBut not before they milked that cow...



    And it seems they still have another 2 more years of milking to go. At least it gave ample time for SSD's to come down in price thanks to the higher prices making them more attractable for a workstation drive.

    In the meantime I'm forcing myself from a much needed upgrade on the external for over a year and probably another before the inflated price isn't such a kick in the gut. Bad timing the floods hit a month prior to my scheduled upgrade. If money only grew on trees.
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