Seagate Technology has downward adjusted its fourth-quarter 2011 shipment goals for hard disk drives (HDDs) to 41-45 million units due to the impact of flooding in Thailand, decreasing 10-18% on quarter, according to Seagate Technology Taiwan.

Seagate's factories in Thailand have resumed production, but output is lower than normal due to short supply of components, Seagate Taiwan said.

Seagate forecasts global supply of 110-120 million HDDs in the fourth quarter, 33.3-38.9% short of global demand at 180 million units

By: DocMemory
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