31 Oct '11, 7pm

Thailand floods take toll on PC makers

Thailand floods take toll on PC makers

MOUNTAIN VIEW, Calif.--The ongoing floods in Thailand have created shortages in the hard disk drive (HDD) market which are beginning to trickle down and affect both the pricing and availability of PCs according to industry wide reports. Several computer makers have admitted their fourth quarter earnings could be adversely affected by component shortages, including industry heavyweights Asustek Computer, Acer Inc., and Samsung Electronics. “The whole PC production chain is stuck at a bottleneck,” Acer’s CEO JT Wang told investors, referring to the effects of the Thailand floods on hard disc supplies. “This is not a problem that we can solve by ourselves and so we have started raising prices,” he added, noting that with HDD prices up an estimated 5-20 percent, the firm had had to raise the cost of its notebooks to protect its margins. Acer saw its shares drop slightly on Mon...

Full article: http://www.eetimes.com/electronics-news/4230235/Thailand-...

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Note: By submitting your comments you acknowledge that Electronic Products and Technology has the right to reproduce, broa...

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