In the neck-deep floodwaters of an industrial zone in Bangkok, workers are using Jet Skis and wooden skiffs to transport stacks of computer components out of waterlogged factories.
Three weeks after monsoon run-off swamped more than 1,000 factories across central Thailand, the brown, corrosive floodwaters have only slightly receded, leaving the world's largest computer makers without a reliable forecast about when crucial parts will be available once again.
Consumers worldwide could see increases of at least 10 percent in the price of external hard drives because of the flooding, according to Fang Zhang, an analyst at IHS iSuppli, a market research company. The effect will be less noticeable for laptops and desktop computers, he estimated, because demand has been weakened by the current global economic malaise.
Read Full Article
Timely, incisive articles delivered directly to your inbox.