HDD Prices to Drop By 10% In Taiwanese Market
According to Digitimes, hard disk drive (HDD) prices will be dropping in Taiwan’s retail channels near the end of April. The price drop, which is expected to be around 10%, is to help promote sales and adjust inventories. The drop in price should mean a 500GB HDD at NT $2200 (US $75) would dip down below NT $2000 (US $67). While this may be limited to the Taiwanese market for the time being, it could mean that HDD prices may start falling elsewhere. It seems it won’t be too much longer before we finally see normalcy return to the HDD market.
Industry sources indicated that global supply of HDDs in third-quarter 2011 was 170-180 million units and from the current market conditions, supply in second-quarter 2012 is expected to reach 140-150 million units. In addition, global supply will likely return to 170-180 million units in the third quarter. Nevertheless, due to increasing costs, it is unlikely pricing will to return to the level before the flooding in Thailand in October 2011.
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