Toshiba Recognized as Top Exporter in the Philippines

Laguna, Philippines — Toshiba Information Equipment (Philippines), Inc., Toshiba’s strategic data storage manufacturing facility in the Philippines, and Toshiba Electronic Devices & Storage Corporation today announced that the Philippines operations have been awarded the Billionaires Award by the Philippine Economic Zone Authority (PEZA) for the third consecutive year.

Toshiba Information Equipment (Philippines), Inc. received the Billionaire’s Award during the Investors’ Recognition Day 2021, an annual award that recognizes companies that export more than US$2.0 billion a year*. The company manufactures storage devices that range from client HDD for personal computers, gaming console and car navigation system, enterprise HDD installed in servers, to nearline HDD for data centers, servers, and surveillance camera systems, and solid state drives for personal computers, and server applications.

With three state-of-the-art manufacturing facilities located in Laguna Technopark and Carmelray Industrial Park, the company’s production generates 6.6% of the Philippines’ total electronics exports value in the first half of 2021 based on Philippines Statistics Authority reports.

Amid the COVID-19 pandemic, the company continued its manufacturing operations while supporting the health and safety of employees and business partners by implementing stringent workplace measures. The company achieved sales of US$2.2 billion in CY2020, a significant contribution to the Philippines economy.

The company was conferred with the PEZA Golden Achievement Award in 2012, the most prestigious and most esteemed award given by PEZA to a company that has been elevated to the Hall of Fame in all four categories (Outstanding Exporter Award, Outstanding Employer Award, Outstanding Community Project Award, and Outstanding Environmental Performer Award).

Jun Ito, President & Representative Director, Toshiba Information Equipment (Philippines), Inc. remarks, “We are honored to receive this award for three consecutive years. Since we began operations in 1996, we believe in empowering the local community and have a local staff strength of more than 11,000 employees and also contribute to creating direct and indirect employment in the supply chain. This is our 25th year of operations and we are committed to expand our business centered on nearline HDD series and contribute to the Philippine economy.”

PEZA, a Philippine government agency under the Department of Trade and Industry (DTI), is responsible for promoting investments, extending assistance, granting incentives and facilitating the business operations of investors in export-oriented manufacturing and service facilities in the country.

The accolade was presented by the DTI Secretary Ramon M. Lopez and PEZA Director General Charito B. Plaza to Toshiba Information Equipment (Philippines) Inc.’s President Jun Ito during the PEZA’s Investors’ Recognition Day held on November 25, 2021 in Pasay City.

* In 2020, the criteria of export value are eased to US$ 2.0 billion a year in view of the impact of the COVID-19 pandemic.