Thailand flooding hits Western Digital operations

Oct 17, 2011

(AP) -- Computer hard drive maker Western Digital Corp. said Monday that flooding damage to its Thailand locations will have a significant impact on its operations and its ability to meet customer demand in the December quarter.

The Irvine, Calif., company said it has extended its suspension of operations in Thailand, as flooded its manufacturing site in the Bang Pa-in Industrial Park and submerged some equipment. It also said flooding is threatening operations in the Navanakorn Industrial Park. Both facilities are about 27 miles north of Bangkok.

Western Digital makes hard drives, network drives and other storage products. It said company locations in Malaysia, Singapore and the United States are fully operational.

Thai officials have said hundreds of people have died and more than 260,000 have lost jobs as 6,533 businesses nationwide had to close due flooding last week. Several major industrial parks have been inundated, which has disrupted supply chains, especially in the automotive and electronic industries.

Western Digital shares fell $1.60, or 6 percent, to $26.74 in midday trading Monday.

Explore further: How Kim Jong Un became the target of 'The Interview'

not rated yet
add to favorites email to friend print save as pdf

Related Stories

EU probes US, Japan hard disk takeover plans

May 30, 2011

European anti-trust regulators on Monday launched in-depth probes into proposed US takeovers of South Korean and Japanese businesses manufacturing computer hard disk drives (HDD).

Fujitsu to Release 2.5'' 500 GB Hard Disk Drive

Feb 25, 2008

Fujitsu Limited today announced the release of its new series of MHZ2 BT 2.5" hard disk drives with world-class capacity of up to 500 GB. Sales of the new series will begin at the end of May 2008.

WD Takes Notebook Drives to 250 Gbytes

May 22, 2007

Western Digital said Monday that it has begun shipping a 250-Gbyte version of its Scorpio 2.5-inch disk drive, pushing notebook PC storage capacities ever higher.

Recommended for you

'Interview' ordeal at Sony just its latest crisis

1 hour ago

How do you say "damage control" in Japanese? Sony Corp. is sealed within a hermetic cone of silence as executives try to prevent the slow motion train wreck at Sony Pictures from damaging the rest of the ...

Underfire Uber ramps up rider safety

17 hours ago

Uber is ramping up driver background checks and other security measures worldwide after the smartphone-focused car-sharing service was banned in New Delhi following the alleged rape of a passenger.

Sony cancels NKorea parody film release after threats

17 hours ago

Hollywood studio Sony Pictures on Wednesday abruptly canceled the December 25 release date of "The Interview," a parody film which has angered North Korea and triggered chilling threats from hackers.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.