Now Barracuda bitten by Thai disk drought disaster
Killer floods push up prices
Cloud storage: Lower cost and increase uptime
The deadly floods that wrecked electronic component factories in Thailand are sending Barracuda disk drive prices rocketing.
We're told a 3TB Seagate Barracuda XT priced £171.95 ($274) on 22 September from eBuyer now costs £289.99 ($462), £118.04 ($188) more. Ouch! That's a 68 per cent price rise.
A Reg reader says the rate of price inflation on that works out at roughly 9 per cent per week or about 9,000 per cent compound per year. A scant consolation is that it's a saving of £60.01 on an earlier £350 list price. ®
COMMENTS
ONLY A FOOL.....
Would buy one now, recycle or reuse what u have until the price drops.
Barracudas normally work best underwater in my experience.
Simple
Cheap labor and lax regulations, the same reason 9 out of the 10 most cancer causing cities are all within a short bus ride from each other in China. In Thailand you had cheap assembly workers, a country with lax regs, and low taxes (and probably plenty of ways to weasel out of paying even those) so you had a "perfect storm" of HDDs companies racing to the bottom and ALL using the same small amount of critical suppliers ina single area!
Paris because even she would have been smart enough not to put all her eggs in one basket!
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