Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy our community and use our OpenViX support section.
Results 1 to 1 of 1

Thread: Western Digital forced to raise prices on HDDs

  1. #1
    Larry-G's Avatar
    Title
    V.I.P
    Donated Member
    Join Date
    May 2010
    Posts
    32,542
    Thanks
    7,824
    Thanked 22,935 Times in 12,378 Posts

    Western Digital forced to raise prices on HDDs




    Western Digital has been forced to raise the prices of its HDDs, says Hexus, thanks to the continued demand and scarce supply for rare earth elements.

    The move is effective immediately, with WD already informing partners of the price hike.

    Prices are expected to be hiked 10 percent for 500GB drives and 5 percent for 1TB drives.

    Rare earth elements, the supply of which is controlled by China, have been increasing in price for a year now, as the nation intentionally holds back supply to make as much profit as possible from desperate manufacturers.

    It is unclear whether the price increases on WD drives will make their way to consumers or if the manufacturers will have to eat the charges, for now.

    Code:
     http://www.afterdawn.com/news/article.cfm/2011/08/28/western_digital_forced_to_raise_prices_on_hdds
    My posts contain my own personal thoughts and opinions, they do not represent those of any organisation or group but my own.

    If you don't like what I post, Don't read it.

    SIMPLES.

  2. The Following User Says Thank You to Larry-G For This Useful Post:

    Sicilian (31-08-11)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.