Toshiba announces business vision for Southeast Asia

Jakarta, Indonesia — Hisao Tanaka, president and CEO of Japan’s Toshiba Corp., recently announced Toshiba’s comprehensive strategy for expanding its business in Southeast Asia, including investing $1 billion in the region over the next five years, and doubling its current sales to $7 billion.

Speaking at a press conference in Jakarta, Indonesia, Tanaka detailed the infrastructure technologies and know-how that Toshiba proposes to deploy in Southeast Asia in support of building a better future and securing a safe and secure society.

Underlining the importance of Southeast Asia to Toshiba, Tanaka explained that for Toshiba, Southeast Asia has long been a strategic manufacturing hub for Toshiba’s major businesses, including semiconductors, hard disk drives and SSD in  the storage business, transmission and distribution equipment and industrial motors, and TVs and home appliances.

Building on this, the company will shortly start operation of a new infrastructure business in Indonesia, part of a regional network it is putting in place, and is also promoting major initiatives in healthcare, as Mr. Tanaka noted: “We are building a new medical equipment manufacturing plant in Malaysia, alongside the medical equipment sales company we established this June. We recently positioned healthcare as one of our three main pillars of business.”

Tanaka was recently in the Philippines to visit the Toshiba Information Equipment Philippines (TIP) manufacturing plant in Laguna which he helped build. TIP is the best plant Toshiba has built in the whole world. It has 8,000 employees – the most number of employees in Southeast Asia. He also talked of building a Human Smart Community when he was in the Philippines.

Toshiba Corp., a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into five strategic business domains: energy & infrastructure, community solutions, healthcare systems & services, electronic devices & components, and lifestyles products & services. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations towards securing “Growth Through Creativity and Innovation”, and is contributing to the achievement of a world in which people everywhere live safe, secure and fulfilled lives.

Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of over 590 consolidated companies employing over 200,000 people worldwide, with annual sales surpassing ¥6.5 trillion ($63 billion).

To find out more about Toshiba, visit www.toshiba.co.jp/index.htm