EMC Eyes Rapid Industry Recovery From Thai Floods

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EMC eyes rapid industry recovery from floods
EMC Corp, the world’s biggest maker of corporate data storage equipment, believes the industry is poised to quickly recover from disruption caused by widespread floods in Thailand. "I suspect supply chains are quite adaptive now and I think you will see this industry get over that faster than you think," Chief Executive Joe Tucci told reporters in Israel on Monday. And Tucci does not expect much of a financial hit from the floods for EMC.