Toshiba today announced that it will realign its storage products businesses in a unified organization by merging its Semiconductor Company and Storage Products Company in a new in-house company, Semiconductor & Storage Products Company, on July 1.
The current Semiconductor Company business range includes NAND flash memories
and the solid state drives (SSD) for consumer applications while the Storage
Products Company covers hard disk drives (HDDs) and SSDs for enterprise
applications. This strategic reorganization will place three key storage device
business lines - HDD, SSD and other solid state memories, including memory cards,
and NAND flash memories - in a more closely focused operating structure that will
facilitate more efficient product development and sales.
The new organization, Semiconductor & Storage Products Company, will now include
the Memory Division, the Storage Products Division, covering HDDs and SSDs, and
the Storage Strategic Planning Division, which will develop overall business
strategies for storage devices.