Toshiba To Double HDD Capacity By Fiscal 2027, Sending Rival Shares Down
Toshiba's expansion threatens the supply discipline that has held HDD pricing in the three-company market of Toshiba, Western Digital, and Seagate, and the share drop shows investors read it as the first real break in that equilibrium.
Reporting from 1 source: GIGAZINE.
Toshiba plans to double its HDD production capacity for AI data centers by the end of fiscal 2027, measured against a 2025 baseline. Nikkei Asia reported the plan, and shares of Western Digital and Seagate fell by more than 10%. Toshiba is spending roughly 60 billion yen to expand a Philippines factory that makes key components for AI infrastructure, and it targets a share increase from about 10% to 30%.
Toshiba says the extra capacity backs a drive roadmap: 30TB-class drives in 2027, 65TB-class drives by 2030, and 100TB-class drives further out. The company is spending about 60 billion yen to expand a Philippines factory that makes key components for AI infrastructure, and it aims to raise its share from roughly 10% to 30%. Seagate has said its factories run at full capacity and that building a new one would take at least two years, with no plans for new construction. Citigroup and Morgan Stanley kept buy ratings on Western Digital and Seagate, pointing to a supply-demand gap.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.