By Rand Paul
Obama acts as though we no longer have a Constitution
The personal computer industry, already reeling from depressed demand, has been dealt another setback: Massive flooding in Thailand has curtailed production of a critical component _ computer storage drives.
The personal computer industry, already reeling from depressed demand, has been dealt another setback: Massive flooding in Thailand has curtailed production of a critical component _ computer storage drives.
Intel Corp.'s third-quarter results Tuesday offered some comfort for investors jittery about the weak state of the global computer market.
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.
Seagate has agreed to buy Samsung's hard drive business for $1.38 billion in a further consolidation of an industry that faces growing competition from a newer storage technology, popular in smartphones and tablet computers.
Western Digital Corp. is trying to pull further away in its neck-and-neck race with Seagate Technology PLC to be the world's biggest maker of hard drives.
Shares of Western Digital Corp. fell Thursday after the hard disk drive maker warned that its fiscal first-quarter results will not meet expectations, a sign of slowing demand.
An analyst trimmed his price targets on shares of Western Digital Corp. and Seagate Technology, saying the makers of hard disk drives for consumers will face weak demand.
