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HDD supply to recover by Q3 2012, prices to remain high

Echoing concerns from various hard drive manufacturers, market research firms IHS iSuppli and Coughlin Associates are predicting that HDD inventories will not be back to normal until the third quarter of this year and prices will likely remain inflated at…

Panasonic predicts record $10 billion annual loss

Japanese electronics giant Panasonic has revised its annual net loss forecast to a record ¥780 billion ($10.2 billion) in response to a year that has seen the firm battle two massive natural disasters, as well as a slower economy and…