Storage Implications From Toshiba Buyout

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Storage Implications From The Toshiba Buyout

Earlier efforts to keep the company in business included its sale of much of its profitable NAND flash business to an international consortium of investors. This business is currently operating as Kioxia. Toshiba maintains about a 41% ownership of Kioxia. This ownership would presumably transfer to Toshiba’s new owners, should the shareholders approve the buyout package. Kioxia owns NAND flash fabrication facilities jointly with WDC. Both Kioxia and WDC provide funding for the NAND development and manufacturing. Toshiba also is the third largest manufacturer of HDDs. In 2022 it supplied about 20% of all HDDs shipped.