No storage is safe from price hikes -- Seagate raises hard drive prices, blaming inflation and market forces
Seagatehas announced in a letter to its major customers that it will be raising prices, effectively immediately, across its suite of hard drive products. The move comes in response to competitorWestern Digitalsending a nearly identical letterto its customers a week before Seagate. Seagate is now joining the rest of the computer storage industry, where prices are risingacross the board. In a letter dated April 18th, Seagate outlines a return to previous demand highs, low manufacturing capacity, and a generally inflated state across the world market as being major factors in its decision to raise prices....