Seagate and Toshiba reportedly compete to buy TDK’s hard-drive head business

First reported by Bloomberg at · Updated · 2 sources

The business makes magnetic heads for hard-disk drives used in data-center storage. Bloomberg says the rivals are seeking to keep pace with demand for storage devices supporting AI data centers. DigiTimes reports that an acquisition could reshape a supply chain already concentrated among a small number of suppliers.

Covered by 2 publishers within 21 hours of the first report.

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Bloomberg Seagate, Toshiba Said to Vie for TDK’s Hard-Drive Head Unit · Kentaro Tsutsumi and Takashi Mochizuki

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Topics Data centers