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

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I just checked Best Buy and their WD Green 500GB (had a raid 10 server to install) was 80 USD each. I checked Pricewatch.com and tigerdirect.com and the same drives were all 130ish USD. There MIGHT be enough stock in the warhouses of BestBuy and Walmart to be able to shed some of the expense but be forwarned. You are only allowed to buy 2 per day at BestBuy and 1 PerDay at bestbuy.com

I find that ironic since Best Buy financially is actually in a huge hunk of trouble. THey lost my 400 dollars because of their stupid rule. It makes me wonder how much other people have run into the same issue.

80 USD Best Buy 130 Online. Go with the places that have more of a stock at the older price.
 
PS I have yet to have a customer with a W.D. drive crash. EVERY SINGLE ONE has been SAMSUNG, so if you want reliability, I recommend W.D. NOt being a fan boy I am giving your real life experience.
 
This is stupid why the other compagny raised their price too( isnt this illegal )? Or they get flooded too? Or seagate provide them some part ? Maybe its some strategie that they intentationnaly flooded their business with minimal damage and they had million hard drive in stock to resale at 200% of the value
 
[citation][nom]srgess[/nom]This is stupid why the other compagny raised their price too( isnt this illegal )?[/citation]
In most places, only selling below manufacturing costs is considered illegal (unless it's an inventory clearance, like the recent HP tablet massive price reduction).

Unless the government controls prices on something (like on fuel, here in Portugal, a few years back, where maximum fuel prices were set by the government), then manufacturers are free to price the goods they sell as cheap or as expensive as they want, even to the point to drive themselves out of the market.

Also, I seriously doubt it there are any parts exchange between HDD manufacturers. There might be a common supplier affected (think Foxconn on the motherboard market: it is extremely likely your Asus/GB/MSI motherboard has Foxconn-built parts, like the CPU retainer and backplate connectors), which would disrupt production for everyone, but I've only read reports of HDD manufacturers being affected, not HDD parts suppliers.

What's happening here is, from my point of view, since the affected manufacturers raised their prices to match the market shortages, the non-affected ones just said: "hey, if the market is willing to pay more for what we sell, heck, let's increase prices too, it's a bigger profit at the end of the year!"

I've said it once, and I'll say it again: I hope this goes back to normal soon... Another Qimonda-like thing would mean HDD prices would take like 4 years to settle down again... :S

Cheers.

Miguel
 
in 4 year hdd will be close to out of the market since the speed will be too slow. They are started to have 1TB SSD for around 2200$ in 1 year this will be at around 400-500$ with hdd price increase will lead to less demand and ssd demand will growth up wich lead to price decrease, may take less time that we thing.
 
Seagate has acquired Samsung's hard drive production business and Western Digital has similarly acquired Hitachi's hard drive production. Both Samsung and Hitachi's hard drives are produced in China. Can't they ramp up production in China whilst the other production facilities recover? Unfortunately there is now only really two companies that produce 3.5" hard drives. Keeping prices artificially high for too long will force many buyers to consider SSD's, at least for operating system hard drives. BY the time hard drive prices drop, Western Digital and Seagate might well discover they have lost a portion of the market?
 
I just want SSD. I have plenty of hard drives from prior to this.

Anyway not interested in paying 20% more to seagate whom made the worst laptop drives I've had and the worst HDDs I used at work for daily backups.
 


LOL Henry Ford did not invent the automobile. It was someone in Europe. Not the USA. I thought every knucklehead knew that.
 
Do you really think XXXX has been oporating at a loss for the last few years?
Companies that big don't loose money ever, when they do they cease to exist.
 
I have noticed in the past few days that the price of hard drives has now sharply dropped here in the UK. Still not back to what they were but much more reasonable now, more like the 20% or so the manufacturers said that they had put up the price by.
 
I was planning to buy a 2TB HDD before the end of this year as I only have about 30GB left on my 500GB WD. In Australia a 2TB HDD was about $85 a couple of months ago, and now the same shop is selling the same drive for $226! The cheapest I can find a WD 2TB HDD in my area is $189. I'm wondering if I should just bite the bullet and get it now since the prices are only going to go up for the rest of next year.

My condolences goes out to the people effected in Thailand.
 
20% my a$$ you could get a 1tb hdd for around 40-60$ a couple months ago now there 150$ thats a 300% price hike. I'm not supporting this bs was gonna get a new hdd for my new build too but this is just outrageous. its there own god damn fault for out sourcing to 3rd world country's.

I don't mean to sound like a heartless a$$ i fill for the people that live in Thailand, but I'm getting really tired of all this price hike bull$hit. the economy's supposed to be hurting but i see price hikes every time i turn around. From a bottle of milk to Gas, to tvs and pc components... this is getting ridiculous.
 
I bought 1 TB internal HDD few month back for 2700 rupees in india. Now price goes to 5600 rupees. more than double the price. 🙁
 
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