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According to Taiwan analyst company TrendForce, storage makers Western Digital and now Seagate have sent letters to customers warning them that the companies will be raising prices on hard drives. WD's letter said that it would be raising prices on SSDs, too.
"[D]emand recovery continues across several segments of our business and our reduced manufacturing capacity is limiting our ability to meet all of our customers' demand and is resulting in longer lead times," the letter says, signed by BS Teh, executive vice president and chief commercial officer at Seagate. "As a result, we will be implementing price increases effective immediately on new orders and for demand that is over and above previously committed volumes."
WD sent a similar letter earlier this month. In it, WD warned that is seeing "higher than expected demand across its entire flash and hard drive portfolio resulting in supply constraints.
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 A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration
The White House will meet with executives from major tech companies, including Alphabet-owned Google (GOOGL.O), Apple Inc (AAPL.O) and Amazon.com Inc, , to discuss software security after the United States have suffered several major cyber attacks last year.
In December, White House National Security Advisor Jake Sullivan sent a letter to CEOs of tech companies after a se
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