"The impact from the monsoonal flooding in Thailand over the past three months is now being felt by users as computer system manufacturers are unable to meet supply needs. Lenovo told its corporate customers this week that is has run out of a number of drives including several types of 7200rpm and 5400rpm HDDs. 'Akin to the hysteria when banks defaulted in the 1930[s], PC orders across the industry are being placed for which HD supply does not exist,' a Lenovo rep wrote to his clients. IDC this week said the HDD shortages that have resulted from the flooding of four major Thailand industrial parks will likely be felt into 2013. Western Digital and Toshiba have been hit the hardest. PC shipments are also expected to fall short by 3.8 million units in the first quarter of 2012 due to component supply shortages. Meanwhile, there has been some indication of retail HDD price stabilization, but for some of the most popular hard drives prices continue to soar."