Tag - Nidec
The hard drive shortages triggered by Thai flooding might be resolved as soon as December. Resellers claimed Wednesday to Digitimes that they hadn't seen as much scarcity as expected and even had an oversupply. They reportedly plan to drop prices next month to clear out stock.
Japan's Nidec gave some hope to a quicker end to Thai flood-related drive shortages after it stated Monday that it had already resumed making hard drive motors in its factories in Ayutthaya. The company is responsible for making nearly 75 percent of the drive motors in the world and could ease production supplies at companies like Seagate, which are indirectly affected. Production in mainland China and the Philippines was also increasing and could help mitigate other losses, to the point where it was making 100 million motors just in the next quarter.