Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 15 January 2021, 09:00 HKT/SGT
Share:
SDK to increase capacity of aluminum substrate for hard disks

TOKYO, Jan 15, 2021 - (JCN Newswire) - Showa Denko K.K. (SDK; TOKYO:4004) will increase its capacity to produce aluminum substrate for HD media by way of consolidated subsidiary Showa Denko HD Yamagata K.K. (SHDY), raising the group's production capacity by 30% and thereby strengthening its hard disk (HD) business.

SDK's policy decision to increase supply capacity and diversify and strengthen its supply chain has been qualified by the Ministry of Economy, Trade and Industry (METI) as eligible for subsidy under the government's "Program for Promoting Investment to Strengthen Supply Chains in Japan ".

With the launch of 5G mobile communication services, the spread of Internet of Things (IoT), the penetration of telework, and development and expansion of digital transformation, the volume of data communication is expected to continue to increase dramatically. As a result, the demand for data center hard disk drives (HDDs) has been growing significantly. As our supply capacity is concentrated in Malaysia, it is necessary to secure a more stable supply chain against the spread of the new coronavirus worldwide.

To solve this problem, we have decided to expand our aluminum substrate production capacity at SHDY, our domestic base, to increase our supply capacity and further diversify and strengthen our supply chain. Construction of the new facility will begin in February 2021, with mass production scheduled to commence in early 2022.

The Group's vision is to become a KOSEIHA company (an alliance of KOSEIHA businesses which maintain a high profitability and stability over time); our HD business is one of our KOSEIHA businesses. As the world's largest external HD media manufacturer, we will continue to support an ever-expanding and evolving digital society and expand our business with the timely introduction of world-class products under the motto of "Best in Class".

About Showa Denko K.K.

Showa Denko K.K. (SDK; TOKYO:4004, ADR:SHWDY) is a major manufacturer of chemical products serving heavy industry to computers and electronics. Our Petrochemicals segment provides cracker products such as ethylene and propylene; Chemicals provides high-performance gases and chemicals to semicon and other industries; Inorganics provides ceramic products: alumina, abrasives, refractory/graphite electrodes and fine carbons. Aluminum provides aluminum materials and high-value-added fabricated aluminum; Electronics provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys; Advanced Battery Materials (ABM) provides lithium-ion battery components. Please visit us at www.sdk.co.jp/english/.

For further information, contact:
Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235




Topic: Press release summary
Sectors: Electronics, Cloud & Enterprise, Chemicals
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
The Fourth Session of the 13th National People's Congress of Henan Province Opens, Tian Lun Gas expects to benefit from the Provincial "14th Five-Year Plan"   
Jan 19, 2021 15:00 HKT/SGT
Moonstake Enters a Strategic Partnership with RockX to Support the Polkadot (DOT) Ecosystem  
Jan 19, 2021 11:00 HKT/SGT
Mitsubishi Corporation: Commercial Operations Commence at Methanol / Dimethyl Ether Plant in Trinidad and Tobago  
Jan 19, 2021 09:25 HKT/SGT
Indonesia's Rimba Raya: World First REDD+ Project Validated for its Impact on all 17 SDGs  
Jan 19, 2021 05:00 HKT/SGT
New LeadsRx Ecosystem Attribution Product Enables Transparency Between Online Marketplaces and their Trusted Partners within a First-Party Data Framework  
Jan 19, 2021 04:00 HKT/SGT
Sword GRC to Enhance Product Roadmap, Grow Team, and Extend Global Reach With Multi-Million Pound Investment  
Jan 19, 2021 04:00 HKT/SGT
Rhotex Inc Launches Environmentally-Sound Options to Crypto Mining  
Jan 18, 2021 23:00 HKT/SGT
Blockpass and Matic Announce Integration  
Jan 18, 2021 23:00 HKT/SGT
AC Milan to Join Sports Crypto Movement with Launch of $ACM Fan Token  
Jan 18, 2021 22:00 HKT/SGT
14th Asian Financial Forum opens today  
Jan 18, 2021 19:00 HKT/SGT
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: