Toshiba Expands HDD Ops in Laguna, Philippine

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Toshiba’s RP unit seeking tax perks to produce hard disks
A local subsidiary of Japan’s Toshiba Corp. is expanding operations at its Laguna factory to include the assembly of a new hard disk product amid forecasts of an electronics industry rebound this year. Toshiba Information Equipment Philippines, Inc. is adding 1.8-inch perpendicular hard disk drives to its assembly portfolio and is seeking tax perks for this expansion, the Philippine Economic Zone Authority (PEZA) said in a notice published yesterday.