Toshiba's storage division saw rapid growth in 2016


— 9:30 AM on March 7, 2017

New reports from IDC indicate that 2016 was a good year for Toshiba's storage division. The company saw growth in revenue, units sold, and market share in both its hard disk drive and solid-state drive segments, and claims that it grew faster than any other storage vendor.

Toshiba's HDD unit was particularly successful in 2016. Toshiba's market share increased from 15% in 2015 to 24% in 2016, with its mobile, desktop, and enterprise products all contributing to this growth. The company's SSD unit also had a good year, but didn't post numbers quite as high. Toshiba's revenue from SSDs grew 114% year-on-year, making the company the fourth largest manufacturer in the SSD market. These numbers include sales from Toshiba's SSD sub-brand OCZ, whose Trion 150 drive earned a TR Recommended award last year.

Future plans for Toshiba's storage division and its SSD unit in particular rely on the success of a recently-announced fabrication plant and R&D center. The plant will produce Bit Cost Scalable 3D NAND flash memory. The first phase of construction is set to finish in the summer of 2018.

Tip: You can use the A/Z keys to walk threads.
View options