NetApp, Lenovo Raise Prices, Citing Thailand Flooding Effects 96
Posted
by
timothy
from the prices-integrate-anticipated-demand dept.
from the prices-integrate-anticipated-demand dept.
Lucas123 writes "First HP, then EMC, and now NetApp has hiked up the price of its hard disk drives by 5% to 15%. The vendors sent letters to users stating that the flooding in Thailand had caused major component shortages, and while they tried to absorb the supplier price increases, each had to eventually give in. Lenovo also announced it has run out of certain drives for its PC systems including some popular 7,200rpm models."
Re:Contrast with consumer hard drive prices (Score:4, Informative)
Link to FT article [ft.com]
Key quote:
"Roughly 25 per cent of all global hard drive assembly facilities are located in Thailand, according to industry tracker iSuppli, which said supply would be constrained until the fourth quarter of 2012."
75% of the manufacturing capacity is unaffected. 25% was affected, though production was restarted back in December. The prices remain at about 200-250% of pre-flood prices, even for producers completely unaffected by the floods. Check Newegg yourself... This amounts to "not gouging" and "not cartel pricing" how?