this post was submitted on 01 Jan 2024
341 points (95.0% liked)
Technology
59666 readers
2703 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Article says SSD manufacturers currently sell at a loss & intend to raise prices because they want to be profitable, 40% is break even, 50% is profitable
Selling at a loss? Lol yeah sure they are.
Actually a common practice to gain a leg up in the market and kill the competition. This can drag on for long, but the endgame is always buyers getting screwed by a monopoly/oligopoly.
Then the journalist who wrote the article is absolutely lying to us.
Maybe they should cut the executive class salaries. Bet there is plenty of money there.
If that is real, this is baffling, why was it done in the first place? Was there some new company that could manufacture a significant amount of SSDs who started selling at loss so everyone else had to follow to not lose all marketshare? Also it's not like SSDs are some eggs that expire, there is no need to dump all inventory. Pretty hard to believe.