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Seagate and Toshiba reportedly bidding for TDK's hard drive head business in deal worth billions

36KrOctober 6, 20261 min read

According to reports, Seagate and Toshiba are competing to acquire TDK's hard drive head business. Sources say Toshiba initiated talks with TDK this spring, followed by Seagate submitting a higher bid in the summer. The potential acquisition could reach tens of billions of dollars.

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