
A major HDD component supplier in Taiwan has laid off many employees and is set to close, according to reports shared by the Economic Daily and Sanli News (Chinese language reports). Our research indicates the troubled supplier is known as Resonac, and is (was) a major producer of the thin films used on the surface of HDDs — check our HDD benchmarks hierarchy and best HDDs if you're looking for more storage capacity.
In September, 40 companies based at Hsinchu Science Park in Taiwan laid off 165 employees. October saw that figure increase dramatically to 48 companies letting go of 496 workers, UDN says. A large portion of the October layoffs are due to the “collapse” of Resonac. It looks like there will be further impacts on November figures (when they come out) as the news sources say Resonac is cutting staff in three waves and is fully closing its Hsinchu factory which used to employ nearly 600.