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“About 60% of Western Digital's hard-disk drives come from its Thailand sites, and the majority of its hard-disk drives go to the PC market.”
“After the events in Japan and persistent flooding this fall in Thailand, auto makers couldn't get crucial components or Thai-manufactured metallic paints, and some types of hard-disk drives were in short supply.”
“The flooding in Thailand, the world's second-largest exporter of hard-disk drives, comes during the key selling season for hard-disk drives, with PC makers obtaining supplies for holiday sales.”
“As a major producer of hard-disk drives, Thailand's floods threaten to reduce supplies of this key component by roughly a third, according to manufacturer Seagate Technology .”
“Western Digital Corp. said flooding in Thailand is having a "significant impact" on the hard-disk drive maker's operations and its ability to meet customer demand in the current quarter, adding supply concerns to an industry already hurt by weak consumer spending on PCs.”
“In addition, hard-disk drive makers are facing other challenges.”
“Western Digital, the world's largest provider of hard-disk drives, said Monday it is extending the suspension of its Thailand operations amid the country's worst floods in half a century.”
“The deal will leave Samsung with a 9.6% stake in Seagate, a Silicon Valley pioneer in hard-disk drives, as well as a board seat.”
“Around 40% of the hard-disk industry's total output comes from the country.”
“Marvell Technology jumped 6.5% after maker of chips and parts for hard-disk drives reported fiscal third-quarter earnings and revenue that declined from year-earlier levels but still beat expectations.”
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