If you’re not aware, Thailand, the 2nd largest producer of hard drives in the world, has been experiencing some intense flooding which in turn has significantly depleted the worldwide supply of hard disk drives. Western Digital appears to be the worst hit and as result will likely lose its ranking as the #1 producer of disc drives.
Does this affect the data recovery business? YES, you may pay more.
The majority of Data Recovery cases require the replacement of various defective hard drive components and in particular the head assembly. These individual hard drive components cannot be bought on the open market and consequently data recovery companies source complete hard drives for breaking down into parts. This need for specific hard drive parts has in turn fostered a growing business in used hard drive sales. And while a disk drive may have originally sold for $79, these vendors have long been demanding double the price when supplying a data recovery service provider.
NOW, with the worldwide shortage of new hard drives, the used hard drive market is exploding and prices are exploding even more. Many data recovery companies will need to start charging higher rates to cover the increase in parts cost. However, Memofix Data Recovery Services sources 98% of its parts drives from our mother company Memofix Hitech Services and as a result we rarely need to order parts. Memofix has over 26,000 hard drives in stock and services up to 3000 new hard drive every month. With such a large supply we charge less, try harder and complete recoveries quicker. When it matters, call Memofix!