HARD DISK DRIVE (HDD) prices have more than doubled in the six weeks between 1 October and 14 November after the floods in Thailand.
According to data from price comparison web site Idealo.co.uk, average selling prices increased by 151 per cent during the time period. In monetary terms, this was an increase from £43.29 to £109.78 and it equated to a price increase of 5.4 per cent per day.
Dating back to May 2011, prices for the most popular hard drives remained "extremely consistent", Idealo said, with the average lowest price coming in at around £44.
However, beginning in late October and peaking in early November, the web site said there has been a dramatic increase in the prices offered by online stores on Idealo's British, French, German and Italian comparison portals.
International Data Corporation (IDC) recently reported that as of early November, half of Thailand's production capacity was directly impacted by the flooding. Thailand accounted for 40 to 45 per cent of worldwide HDD production in the first half of 2011. µ
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