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Following the European Commission's approval of the acquisition of Samsung's hard drive division by the giant Seagate in October, the news was officially announced recently. According to the Commission, this acquisition does not create competition problems.
Also affected by the floods in Thailand, the motor manufacturer Nidec, unlike the hard drive manufacturers, has restarted its factories since December 1st.
Nidec, which produces essential hard drive motors with its compatriot Minebea, is unfortunately very established in Thailand. This is a logical location since hard drive manufacturers are also very present in the Asian country.
The floods have consequently affected the entire sector, including manufacturers of the final product (Seagate, Western Digital, Toshiba, etc.) and manufacturers of fundamental parts such as Nidec and Minebea. Six out of ten factories that were hit by the floods have now restarted, and three others have had their production moved to other factories. However, this does not mean that the factories are running at 100% and no date for a return to normal has been given by Nidec.