In spite of the shortages caused by Thai flooding, IDC expects hard drive shipments to rise 7.7%...

In spite of the shortages caused by Thai flooding, IDC expects hard drive shipments to rise 7.7% in 2012, while adding recent events have allowed the likes of STX and WDC to "collectively hit the 'reset' button" on pricing. Expecting pricing to remain healthy going forward (no doubt assisted by recent consolidation), IDC predicts industry revenue will grow at an 8.6% CAGR from 2011-2016, even as solid-state drives take a toll on sales. (previously)