Showa Denko K.K. (SDK), the world’s largest independent maker of platters for hard drives, has announced plans to expand aluminum HDD media production capacities. The company intends to build a new facility that will increase its current output by about one third starting from the first part of 2022. Unit sales of hard drives had been declining in the recent years, but demand for high-capacity multi-platter nearline HDDs is on the rise, which is why aluminum platters for drives are in high demand too. To meet demand for HDD media, Showa Denko plans to increase production of platters in the coming year by 30%. Right now, Showa Denko produces its aluminum platters for HDDs in Malaysia, Taiwan and Japan. Most of SDK’s aluminum platters are made in Malaysia, where some of its clients used to build their hard drives. In a bid to diversify its supply chain and because the Japanese Ministry of Economy, Trade and Industry plans to subsidize building SDK’s additional capacity, Showa Denko’s new production capacities will be built in the Land of the Rising Sun. SDK’s new production will be operated by its Showa Denko HD Yamagata K.K. (SHDY) subsidiary. Installation of the new equipment will begin in February, 2021, and… Read full this story
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