Computer Price Rises in Wake of Thailand floods

by liamssoft | October 30, 2011 at 01:29 am

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Computer prices are rising following warnings by Western Digital, Acer and Samsung Electronics that severe flooding in Thailand has hit production and that they will pass resulting higher costs on to consumers.

The biggest impact has been on the production of computer hard disc drives – key components whose prices have risen by up to 50 per cent since the floods began. But other industries have also been hit. Toyota, Honda and Nikon have all reported disruption in their operations and Sony said it would delay the launch of some of its new cameras due to the damage to production sites

Thailand’s worst flooding in half a century, which has claimed hundreds of lives, will disrupt the global supply chain just ahead of the busy end-of-year season.

Tens of thousands of people have fled Bangkok, which accounts for 40 per cent of the nation’s economic output for fear of further flooding this weekend.

.....ft.com