Do you need a hard drive? Hurry, prices are about to skyrocket

Do you need a hard drive? Hurry, prices are about to skyrocket
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I’m coming new, important increases in the prices of SSDs and hard disks. Two of the main producers in the segment, Western Digital and Seagate, anticipated this, according to which a significant increase in demand was on the way.

The news was reported by TrendForce, according to which both Western Digital and Seagate have officially notified their retail partners to implement a large-scale price increase for hard drives and SSDs.

In the email, seen by Wccftech, we read that “Demand recovery continues in several segments of our business, and our reduced production capacity is limiting our ability to meet our customers’ demand, which is resulting in longer lead times. Additionally, our costs continue to be impacted by global inflationary pressures”.

Consequently, Seagate announces that “We will implement price increases with immediate effect on new orders and for demand that exceeds previously committed volumes. Supply constraints are expected to continue and therefore we expect prices to continue to increase in the coming quarters”.

In the past, TrendForce had also reported that we could expect a 25% price increase on storage devices: this refers to hard disks, but also to traditional and professional SSDs. According to analysts, to reach an optimal price it will be necessary to increase the price by 40% in the near future, equal to a cumulative increase of 65% if current prices are taken into consideration. Only in this way will the market be able to guarantee sustainability, but will users agree?

While waiting for prices to rise, however, we refer you to our page dedicated to tech offers.

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