Western Digital will raise HDD prices by more than 10%. Fortunately, this applies only to the corporate sector

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Last updated on April 29th, 2023 at 01:33 pm

All because of coronavirus

Western Digital has announced that it will raise corporate hard drive prices by more than 10%. There are several reasons: high production costs and supply problems amid increased demand from companies related to cloud services.

Western Digital will raise HDD prices

Supply problems are associated with the coronavirus pandemic. Actually, the increased demand from the “cloud” companies is due to exactly the same thing – total quarantine has led to the fact that people have become much more active in using various services, including cloud.

Against the backdrop of Western Digital’s announcement of price increases, the company’s shares have already grown 5.5%.

Also Read:   Nobody needs HDD anymore? The hard drive market has almost halved in 2022
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