Hard drive shipments recover from floods in Thailand, expected to reach record high

Last year's floods in Thailand caused hard drive shortages after wreaking havoc on a number of electronics manufacturers, but new stats from IHS iSuppli indicate that the HDD market for PCs has fully recovered and is poised to hit an all time high. The firm expects 524 million units for internal use in PCs to ship this year, besting the previous record by 4.3 percent. What's giving the recovery an added boost? According to the analytics group, the extra demand comes courtesy of Windows 8 and Ultrabooks. Unfortunately for deal hounds, the company noted in a report earlier this year that prices aren't expected to dip below the pre-flood range until 2014. If IHS iSuppli projections hold true, total annual hard drive shipments could reach 575.1 million by 2016.

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Hard drive shipments recover from floods in Thailand, expected to reach record high