Toshiba is significantly expanding its hard drive (HDD) production capacity in the Philippines, aiming to double output by fiscal year 2027. This investment, costing approximately $380 million, is driven by soaring demand for nearline drives, particularly from the AI sector. The expansion will support the launch of new 30TB-class HDDs in 2027, with future roadmaps including 65TB drives by 2030 and 100TB drives thereafter. Toshiba also plans to increase automation to improve yields and reduce labor requirements, with the goal of capturing a larger share of the HDD market. AI
IMPACT This expansion directly addresses the growing storage needs of AI data centers, potentially influencing the cost and availability of high-capacity storage solutions.
RANK_REASON Significant investment by a major HDD manufacturer to double production capacity, driven by AI demand and with future product roadmaps. [lever_c_demoted from significant: ic=1 ai=0.7]
AI-generated summary · Google Gemini · from 1 sources. How we write summaries →