Intel Cites Hard Drive Shortage For Nearly $1 Bn Sales Drop

[rakman]

Ugly sales projections from Intel Corp due to hard drive shortage:

http://finance.yahoo.com/news/intel-cuts-q4-outlook-supply-143410582.html

[phaethon]

That's what happens when you (the HD manufacturers) put all your production in one basket-case.

[givenall]

That's what happens when you (the HD manufacturers) put all your production in one basket-case.

Its kind a good for Seagate. They get a lot of money fromthe insurance probably for an older facilities and they can build new facilities with new technologies. But bad for Thailand, since the insurance companies willwant a grantee no more flood in future and a lot prevention are put in place which Thai government suck at it. Plus Thailand minimum wage increase so bye bye Thailand and hello other Asian countries

Edited December 13, 2011 by givenall

[RedNIvar]

That's what happens when you (the HD manufacturers) put all your production in one basket-case.

Its kind a good for Seagate. They get a lot of money fromthe insurance probably for an older facilities and they can build new facilities with new technologies. But bad for Thailand, since the insurance companies willwant a grantee no more flood in future and a lot prevention are put in place which Thai government suck at it. Plus Thailand minimum wage increase so bye bye Thailand and hello other Asian countries

You kinda missed the plot here. Seagate manufacturing sites were not effected by the floods. Their supply chain got hit. I do not think they were insured for supply chain impacts.

[JSixpack]

Hopefully this will put to rest the contention that there's no shortage and higher prices are just gouging.