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In the year since becoming independent of Toshiba Corp., our continued development, manufacture and sales of semiconductors and storage products have ensured Toshiba Electronic Devices & Storage Corporation’s position as one of Toshiba Group’s four core businesses.
This is an exciting and fast-changing time for us. Progress in IoT, especially in industry, advances in the electrification of automobiles, and the explosion in information, all hold great promise for us. We are responding by promoting closer collaboration with customers and developing solutions that anticipate their future needs.
Our core goal is to secure continued growth, and we are doing that by concentrating on industrial, automotive and storage applications, all business segments where we can look forward to steady market growth. We are making every effort to further reinforce our technological strengths, so that we are positioned to develop, manufacture and market a steady stream of world-first products offering unsurpassed performance.
In HDD, we are channeling our R&D into groundbreaking high density Nearline drives for the data center market. In semiconductors, we are advancing strategic investments in power devices, and sharpening our focus on system LSIs for automotive and industrial markets, all areas where we anticipate steady demand growth. We are also promoting close collaboration with NuFlare Technology, Inc., one of our key affiliate companies in the semiconductor manufacturing equipment industry, in pursuit of game-changing synergies.
As CEO, I am also concerned with how we do business. I see shaping an open and transparent corporate culture as a continuing process, and recognize that CSR, full compliance and workplace safety are the foundations for sound business practices. I remain deeply committed to making sure ours is a company where all employees work with pride and pleasure.
In the course of this year, we have defined a unifying group vision: “Our semiconductor and storage products will always be a driving force to change the world”. This also expresses our desire to co-create value and new markets with customers. I want Toshiba Electronic Devices & Storage Corporation to be trusted and valued by its customers, and to satisfy all stakeholder expectations by maximizing its corporate value and contributions to society.
September, 2018
Hiroshi Fukuchi
President & CEO
Toshiba Electronic Devices & Storage Corporation