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Intel Sales Suffer Due to Hard Disk Shortage
Published Dec 22, 2011
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Intel Corp has warned shortages in hard-disk drive supplies would hurt its current-quarter revenue, the latest heavyweight in the PC industry to caution about the effects of flooding that has crippled factories in Thailand, Reuters has reported. PC makers have been scrambling to buy increasingly scarce hard drives after the flooding shut down factories in the country, which is the world's second-largest exporter of the components. "In the last two weeks, as the supply became more apparent, we saw a substantial change in our order rate. Most of our customers are concerned the shortage will continue -- especially through the early part of the first quarter," Intel Senior Vice President Tom Kilroy told analysts on a conference call.
Posted by
VMD - [Virtual Marketing Department]
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