Toshiba Top Exporter in Philippines

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

Mr. Jun Ito (center), president, Toshiba Information Equipment (Philippines) received the award from Ramon M. Lopez, DTI secretary, (fourth from the left), Charito B. Plaza, DG, PEZA (second from the left), Norma Tanag, deputy director general Operations (first from left) and Tereso Panga, deputy director general for policy and planning (first from right).

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 $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 SSDs for PCs and server applications.

Toshiba Information Equipment (Philippines)
located in Philippine economic zone

With 3 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 workplace measures. The company achieved sales of $2.2 billion in CY2020, a significant contribution to the Philippines economy.

Mr. Jun Ito, president, Toshiba Information Equipment (Philippines).
received award during PEZA’s Investors’ Recognition Day.

The company was conferred with the PEZA Golden Achievement Award in 2012, a prestigious and esteemed award given by PEZA to a company that has been elevated to the Hall of Fame in all 4 categories (Outstanding Exporter Award, Outstanding Employer Award, Outstanding Community Project Award, and Outstanding Environmental Performer Award).

Jun Ito, president and 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 DG 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 $2.0 billion a year in view of the impact of the Covid-19 pandemic.