Hard drive prices soar 28 percent after Thai floods | Digit

The average price for a hard drive jumped 28 percent during the fourth quarter as a result of the Thai floods, an analyst firm said Friday. While prices will decline by 3 percent in the first quarter and by 9 percent in the second quarter, they will remain inflated above 2011 levels throughout 2012, IHS said in an analyst report. Just 124 million hard drives were shipped during the fourth quarter, the peak of the holiday season, down 26 percent. The disk-drive industry is not expected to return to growth…