12/14/11

Intel says sales hit by hard drive shortage due to Thailand floods - GMA News Online - The Go-To Site for Filipinos Everywhere

Intel says sales hit by hard drive shortage due to Thailand floods - GMA News Online - The Go-To Site for Filipinos Everywhere: "Intel Corp warned that hard-disk drive supply shortages would hurt its current-quarter revenue, the latest heavyweight in the PC industry to caution about the effects of flooding that has crippled factories in Thailand.

The warning sent Intel shares down 4.8 percent and weighed on Wall Street. Intel is the world's largest chipmaker.

Hundreds of people have died in flooding in Thailand that has caused billions of dollars in damages since late July and disrupted international supply chains in the PC and automobile industries.
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'via Blog this'

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