Revenue of Toshiba HDD at About $5 Billion in Last FY
Expected to double by 2015
By Jean Jacques Maleval | September 27, 2012 at 3:06 pmTo read this article from The Wall Street Journal, click on:
Toshiba: ‘Hybrid’ Hard Drive to Boost Market Share
Japan’s Toshiba Corp. expects its share of the computer hard-drive market to nearly double over the next few years as more personal computer makers start using so-called "hybrid" hard drives that can improve laptop performance without adding much to price tags. Toshiba’s hard-drive business generated revenue of about ¥400 billion ($5.14 billion) in the last fiscal year, accounting for about 7% of the Japanese technology conglomerate’s group revenue of ¥6.1 trillion. By the fiscal year that ends in March 2015, the company expects its revenue from that business to double to ¥800 billion, counting on a significant contribution from the sales of hybrid hard drives. Toshiba said the hard-drive business is currently profitable, without giving a specific profit figure.