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Thailand floods may cause hard drive shortages

Apple CEO Tim Cook has warned of a global shortage in hard disk drive supplies in the coming months due to the floods in Thailand, Cnet has reported. "There are several factories that are currently not operable, and the recovery timeline for these factories is not known at this point ...I'm virtually certain there will be an overall industry shortage of disk drives as a result of the disaster," he said. Hitachi, Toshiba, and Western Digital have HDD plants in Thailand that have curtailed production because of the supply shortage.