Seagate: HDD Production Won't Return to Normal For 1 Year

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[citation][nom]ta152h[/nom]Simple economics, when demand is a lot higher than supply, prices go up to redress that balance. If they keep selling them at a low price, they go out of business because a lot of their expenses are fixed, and they'll be selling a lot fewer drives, thus making a lot less profit. Winchester Drives not only have competition within the industry, but also have to compete with SSDs. The market will take care of excesses, one way or another.[/citation]

"winchester drive"? seriously? thats like calling all cars that have four wheels modelT cars. how old are you? haha
 
20 % ??????

Seagate Barracuda XT 2TB = $140 pre flood
Seagate Barracuda XT 2TB = $330 post flood
Increase = 135 %
Retailer Profit if 20% manufacturer increase correct = 96%

Spinpoint F3 1TB = $65 pre flood
Spinpoint F3 1TB = $160 post flood
Increase = 158 %
Retailer Profit if 20% manufacturer increase correct = 105%

More importantly, Samsung isn't on the list of those affected by the above in the article..... and they have the biggest increases.

Solution ..... completely stop buying anything PC related till the oporate big wigs figure a small XMAs bonus is better than no XMas bonus.
 
if seagate and wd decided to take their sweet time off i hope that some other media will take over the mass storage sector. e.g. http://colossalstorage.net/
 
All the more reason to develop high capacity solid state memory (at a non-astronomical cost).

Where's racetrack?
 


Looooooooooad of BS! They get most of their profit from Asia now, esp. India, since WD and Samsung are more costly and don't always provide reliable warranty (e.g. buy a Seagate in the local shop, warranty claim in the same shop; buy a WD and you have to send it to the warranty service by the courier, yourself!) and people here go for what's cheaper in 99.9% of the cases.
 
[citation][nom]ewood[/nom]"winchester drive"? seriously? thats like calling all cars that have four wheels modelT cars. how old are you? haha[/citation]

Poor analogy. Project Winchester was what created the "hard disk" as we know it. The technology remains basically the same.

A better analogy would be to say "Piston engined cars". Although engines have changed a bit, fundamentally they are the same. The same as Winchester drives.
 
20% my shiny metal A$$!
The Samsung F4 went from $80 to $260, and is now stedially declining (down to $230 last I checked). It is really holding me off on that home server build I am waiting on!

On the plus side, this is the best thing to ever happen to the SSD industry! Their prices are droping, and people are considering them more and more while they wait for large drives to come back down in price.
 
The 20% is for wholesalers and OEM's. OEM's want lower costs because they need to sell their systems at lowest possible cost.

Wholesalers however have a lot of other smaller wholesalers trying to buy as much as they can, so they can put hte price up a little and a little and eventually it is bloated. That works well for me in NZ, however in America where newegg probably has one wholesaler in the middle or does direct sales with the manufacturers, it really is just price gorging. For consumers this isn't a huge problem, for businesses it is.
 
[citation][nom]phyco126[/nom]So... are retailers paying a 20% increase in price, or just manufacturers? Because if so, that is awfully nice of them to raise the price up themselves by as high as 150% (if not more). If not, well... eh. Might end up cheaper to buy a low end computer just for its hard drive.[/citation]
If my next PC was going to be in the next year or two, I'd probably just get an SSD for the boot drive (about the same price as a fast 1TB drive now), and maybe a cheap low-end 5900RPM HD for data. Oh well, looks like the HD manufacturers are screwing themselves. And now, since SSDs are looking even more attractive, prices are going down even further there. Again, the HD manufacturers are screwed.
 
[citation][nom]digiex[/nom]Means one year of bloated profit.[/citation]
And people finding SSDs even more attractive, perhaps leading to lost profit and business for the HDD companies.
 
2 days after the flood i went to Fry's and they had already decided to remove the hard-drives from the shelves, so that they increase their profit margins. I won't buy any hard-drive for this year and next year, the price is ridiculously too expensive.
 
Looking at the price increases in the UK it is not a simple percentage price increase across the range, it is a £60 mark up on every drive no matter what the size. Interestingly the prices on Ebay have not gone up much yet.
 
People really think that SSDs are the future? It is already proven that solid state drives aren't as reliable and normally suffer a shorter lifespan than regular hard drives. Sure they offer a decent speed boost, but for companies requiring major storage space, combined with reliability there is no way solid states will do the job. Personally, ill stick with my platters. They cost less, and are a lot more reliable. HDD prices are still lower than SSD prices by a huge amount.
 
they suppose to build their factory at higher ground, for example: tibet range 😛
perhaps they should be regretful because moving their operation from penang, malaysia to thailand. thailand has too many land near to sea level.
 
[citation][nom]cybersans[/nom]they suppose to build their factory at higher ground, for example: tibet range perhaps they should be regretful because moving their operation from penang, malaysia to thailand. thailand has too many land near to sea level.[/citation]

They should, I believe there should be regulations for companies that want to build in places like flood zones. Such as in case of a natural disaster like a flood they cannot pass the cost onto the consumer if anything happens and must bear with the penalty of building their facility where they built it. Especially since I'm sure Western digital knew damn well they were building on a flood plane.
 
Depends who is the chap behind the sales desk.. Here in Ireland two companies have rallied up their prices by 300% although over the border UK is selling them for an extra 10% higher than used to be prior to floods. Go figure..
 
What 20% is this guy talking about?! Prices are 200-300% higher! 500gb drives going for $100+. 2tb drives hitting $300, when they were $70 a month ago.
20% is understandable and livable... Bit this stinks of bullcrap. FTC ?
 
[citation][nom]sykozis[/nom]$100 for a 320gb is insane? You must not be very old... I remember when a 6.4gb harddrive was well over $100....Or, maybe Seagate is just proving to the world that their business revolves strictly around greed and nothing else. SSD prices are dropping nearly as fast as HDD prices are going up now....maybe we'll start seeing larger SSDs become reasonably priced as a result of the price gouging...[/citation]
If you want to go way back, a 10MB HDD was once the best on the market and was in the range of $3,000.
 
Might be time for multinationals to take a look at the topographic maps and flood plains before building factories. Nah... that's way too obvious, when greed is so seductive.
 
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