Toshiba PHL Expanding to Make Higher-Value Electronics Products - BusinessWorld Online
The expansion could nearly double annual output by fiscal 2027 as Toshiba responds to rising demand for data-center storage, the company said.
- On Thursday, October 1, 2026, Japanese electronics manufacturer Toshiba Corp. met with the Marcos administration to discuss expanding hard disk drive operations in the Philippines, expected to create 3,000 additional jobs.
- Marking its 30th anniversary on Saturday, Toshiba Information Equipment Inc. is expanding local production to meet global demand for high-capacity nearline hard disk drives used in data centers and artificial intelligence applications.
- Describing the expansion as a "vote of confidence for the Philippines," Executive Secretary Ralph Recto assured Toshiba executives that the government is ready to work with major investors to expand the local manufacturing base.
- The Department of Finance stated on Monday that the expansion reinforces Toshiba's long-term commitment to the country, while citing the Luzon Economic Corridor as a platform for attracting advanced manufacturing investments.
- Aligning with the national roadmap targeting $70 billion in semiconductor exports and $40 billion in electronics by 2030, the Marcos administration seeks to position the Philippines as a hub for AI-supporting industries.
14 Articles
14 Articles
Toshiba to expand PH disk drive production
TOSHIBA Corp. wants to expand its nearline hard disk drive (NL-HDD) manufacturing in the Philippines over the next three years, taking advantage of incentives under the Create More Law, the Philippine Economic Zone Authority (PEZA) said Monday.
Toshiba eyes multibillion-peso investment to expand PH hard drive production
Japan’s Toshiba Corp. is set to invest billions of pesos to expand its hard disk drive production in the Philippines over the next three years, amid growing global demand for data storage.
Toshiba’s Philippines expansion to create 3K jobs – Recto
Japanese firm Toshiba’s planned expansion of its hard disk drive manufacturing operations in the Philippines is projected to generate 3,000 additional jobs for Filipinos, further strengthening the country’s role in the global data storage supply chain, Executive Secretary Ralph Recto said yesterday.
Toshiba to expand HDD production in PH
MANILA, Philippines — Japanese electronics manufacturer Toshiba Corp. plans to expand its hard disk drive (HDD) manufacturing operations in the Philippines, a move that could create 3,000 additional jobs, according to Malacañang. On Saturday, Executive Secretary Ralph Recto said in a statement that the Marcos administration expressed support for the expansion in a meeting with
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
