When will hard drive prices start to fall?

If you’ve been keeping up with tech news over the last few months, you’ll remember the Thai floods that wreaked havoc for hard drive production last year. The floods did a lot of damage to major hard drive brands as their factories in Thailand were badly damaged.

Ever since the floods, hard drive prices have skyrocketed. It seems you can’t get a 1TB hard drive for much short of £100 any more, and for anything smaller prices aren’t much cheaper!

Analysts are now saying they expect high prices to continue through 2012 as recovery slowly starts to take place. iSuppli is predicting that supply will be back to normal levels towards the end of 2012, but until then prices will remain reasonably high.

What’s annoying is that, when I look on Amazon, it seems to be cheaper to buy an external hard drive and rip the drive out of it than too buy an internal drive on it’s own. What sense is there in that?!

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