Back in May, there was a story released about how HDD prices are staying high even though production and shipments are up to pre-Thailand-floods levels. Well, a new ISH iSuppli Memory & Storage Market Brief report backs up last month's story, and predicts that prices are likely to stay inflated until 2014. Shipments are expected to return to pre-flood 2011 status in Q3 2012, which shows how much supply has rebounded.
Fang Zhang, who is an analyst for storage systems at IHS, said,
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