this post was submitted on 01 Jan 2024
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Technology
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These companies need to get smacked upside the head. Hard drives would be pretty much completely obsoleted if SSDs hit the prices that they should if we had proper competition instead of the "competition" to keep prices up that this memory cartel loves to keep up. My only hope is for another player to come in and dump cheap product onto the market like Japan did in the 80s.
Maybe it's a cartel but I don't have my hopes up. Storage technology is only getting more complicated and the number of players is only decreasing.
In my view (and maybe I'm wrong) there's just not that much money to be made in it, contrary to what consumers think. Why fight each other over pennies when you can both earn dollars? Maybe if China figures things out, but you can be my ass I'm not gonna trust a CCP backed storage company lol