Hard Drive Prices Continue To Rise Due To Flooding – WD Building Flooded
Hard drive prices have sky rocketed in recent weeks due to the tragic flooding over in Thailand. Western Digital is one of the hard drive companies that is impacted by the flooding and it appears to be pretty bad after looking at some pictures we came across on Forbes.com today. The water is reported as being 2 meters deep and the flood water won’t recede for at least three weeks. After the water recedes it may take up to six months to replace the equipment and become fully operational! This is bad news for everyone!
It turns out that Bang Pa in facility was submerged with 2 meters of water. This is the old Read- Write facility and I have been in it many times. The first floor is where most of the slider processing equipment was located. Most of the equipment was lost to the flood. They last saws, grinders, sorters, cleaners, steppers, alignment tool etc. Its a real mess. This situation for WD is pretty bad because they had all their slider fabrication in one basket. It will take at least 4 months to start the recovery and a year to get back to where they were pre-flood. It looks like the high water will not recede for at least 3 weeks.
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