HDD prices to remain high for next 9 months

So how long with the hard drive tremors continue? For how long will the market suffer hugely overblown pricing on this most essential of data storage commodities?

KitGuru has been in contact with senior officials from some of the channel’s leading players and the answer is a devastating 9 months.

From the time that the first floods hit production, to the time when hard drive prices will return to the sort of levels we had in September 2011, will be a lengthy 9 months.

Around the start of summer 2012, we will finally see the channel price for a 1TB drive settle back down around the £25 mark.