Then the journalist who wrote the article is absolutely lying to us.
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
PlantDadManGuy@lemmy.world 8 months ago
afraid_of_zombies@lemmy.world 8 months ago
Maybe they should cut the executive class salaries. Bet there is plenty of money there.
OfficerBribe@lemm.ee 8 months ago
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.
Plopp@lemmy.world 8 months ago
Selling at a loss? Lol yeah sure they are.
Allero@lemmy.today 8 months ago
Actually a common practice to gain a leg up int he market and kill the competition. This can drag on for long, but the endgame is always buyers getting screwed.