GoKawiilSeagate and Toshiba compete to acquire TDK's HDD magnetic-head division
Seagate and Toshiba are engaged in a bidding war to purchase TDK's remaining HDD magnetic-head manufacturing business. Toshiba has been in talks with TDK since earlier this year, while Seagate submitted a higher offer during the summer, with the deal valued at several billion dollars. The outcome could significantly impact the supply chain for major HDD makers, especially as industry demand surges due to AI-driven data storage needs.