Western Digital cuts back on investments ahead of Hitachi acquisition

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#1

Western Digital cuts back on investments ahead of Hitachi acquisition.

[newsimage]http://static.rankone.nl/images_posts/2012/02/w8pNf3.jpg[/newsimage]In an attempt to mitigate antitrust concerns over its acquisition of Hitachi's hard disk drive business, Western Digital says it will pull back certain industry-related investments, granting competitor Toshiba some leeway in its ability to sell products to businesses and consumers.


Read the full article here: [http://www.myce.com/news/western-digital-cuts-back-on-investments-ahead-of-hitachi-acquisition-59563/](http://www.myce.com/news/western-digital-cuts-back-on-investments-ahead-of-hitachi-acquisition-59563/)


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#2

Western Digital says it will pull back certain industry-related investments, granting competitor Toshiba some leeway in its ability to sell products to businesses and consumers.

So in other words… PRICE GOUGING…so what ever happened to FREE Markets to determine the price and competitors and CAPITALISM? Sound more like big business wanting to break your bank before you break your bank… :a


#3

IMO, hard drive companies are ridding this wave of price gouging and infact getting in on the act and profiteering off it as well. Street prices for it’s products fell to HALF the MSRP and they found a convenient excuse to sell at FULL ( and sometimes HIGHER than ) MSRP with limited product. I really hope the SD/SSD companies come roaring in here with higher capacities and tear the HDD industry a new one for this! Also, another slap in the face is cutting warranties by 1/3rd! Average standard drive warranty is now 2 years!!

Still, approaching mid 2012 and no 4TB hard drives to speak of…?!?
the longer this industry stagnates, the closer SD/SSD can innovate and provide better value. 1-3TB SSD drives are already reality, just too, too expensive right now ( $450 - $1200). The closer that gap is, the more demand for SSD/SD will become. There are signifcant global events that could KILL the hard drive industry once and for all time… such as a global recession and $200/barrel oil. That would put SSd drive makers in the driver’s seat with the ability to stress volume production & bring down prices faster than the HDD industry can manuvre. Again, a doomsday prediction, but that’s my take on things…