GoKawiilSeagate, Toshiba reportedly vie to buy TDK's HDD magnetic head unit
Bloomberg reports Seagate Technology and Toshiba are competing to acquire TDK's hard disk drive magnetic head business in a deal said to be worth several billion dollars. TDK is currently the only independent maker of these components and Toshiba's sole supplier, while Seagate and Western Digital build heads in-house but also buy from TDK for extra capacity. According to the report, Toshiba approached TDK about the unit in spring 2026, after which Seagate entered the bidding.