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2 clusters · 8 sources · 1 days · First seen · Last updated

Toshiba HDD production capacity expansion

Overview

Toshiba Corporation announced plans to invest approximately ¥60 billion (roughly $380 million) to double its hard disk drive (HDD) production capacity by fiscal year 2027. This expansion, centered at its Laguna Technopark facility in the Philippines, utilizes microwave-assisted magnetic recording (MAMR) technology to meet rising demand for storage in artificial intelligence data centers. Toshiba aims to increase per-unit capacity and eventually launch drives ranging from 30TB to 100TB.

Following the announcement, Western Digital shares fell between 10% and 11.7%. Market analysts suggest the selloff is a reaction to Toshiba’s potential to increase its market share from approximately 17% toward 30%, which could challenge the dominance of Western Digital and Seagate Technology. While the expansion may increase price competition, demand for high-capacity HDDs among cloud providers and AI services remains robust.

Entities

Western Digital · Toshiba · Seagate · Philippines · Seagate Technology

Timeline

  1. [BUSINESS] 4 sources
    Western Digital shares fall on Toshiba expansion news

    Western Digital shares fell over 10% following reports that Toshiba plans to double its HDD production capacity by 2027 to target the growing AI storage market.

  2. [TECHNOLOGY] 4 sources
    Toshiba to double HDD production capacity for AI data centers

    Toshiba is investing $380 million to double its HDD production capacity in the Philippines by 2027, targeting high-capacity storage for AI data centers using advanced MAMR technology.

Sources

ad-hoc-news.de · astig.ph · forbesliberia.com · ipaddisti.it · stocknews.com · theascent.com · time.news · world-today-journal.com