If you haven’t heard, there’s a hard drive shortage due to floods in Thailand, where many drives and/or components are made. So now, rather than 1 TB hard drives being priced lower than a tank of gas in most cars, prices are rising fast.
That will discourage upgraders, and could cause the cost of PCs to rise.
A sub-$200 PC, which is pretty much expected this time of year, depends on a steady supply of $35 hard drives. If those ultra-cheap PCs aren’t in the sales channel already, they’ll have to compensate by putting smaller drives in them. And when the supply of smaller drives dries up, the supply of really cheap PCs will go with it.
Higher-end PCs will become more scarce, and the price will rise, due to the increased cost of the drives.
It could be that SSDs will take up some of the slack. SSDs are made elsewhere, so those supplies should be safe. Increased demand could spill over into SSD prices, too.
So if you’re looking to make a mass-storage purchase, prices are going nowhere but up (and already are up approximately 25 percent in most cases). If you can put off a mass-storage purchase until spring, your wallet probably will thank you.
David Farquhar is a computer security professional, entrepreneur, and author. He started his career as a part-time computer technician in 1994, worked his way up to system administrator by 1997, and has specialized in vulnerability management since 2013. He invests in real estate on the side and his hobbies include O gauge trains, baseball cards, and retro computers and video games. A University of Missouri graduate, he holds CISSP and Security+ certifications. He lives in St. Louis with his family.
One thought on “This hard drive shortage may put a crimp on things”
I’m working on a laptop for somebody at church. The hard drive is dying and won’t boot, but I can still suck some stuff off by booting Linux. A couple weeks ago, I quoted him a price on a replacement drive from NewEgg. Last night at our small group, he gave me the go-ahead. When I went to order, the prices had skyrocketed, as you said. Now I’m looking at getting a refurb to meet the price I quoted him.
I still think I had better order soon.
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