Showa Denko to Increase HD Media Capacity in Singapore

Showa Denko says it will invest ¥5.5 billion ($65 million) to further expand its hard disk (HD) media production capacity by 2 million disks/month, by installing additional production lines at its subsidiary Showa Denko HD Singapore (Singapore). This will be in addition to the capacity expansion of 3 million disks/month announced in April 2010, the company says. Hard disk drive demand is expected to grow at around 10%/year in the coming years due to the rise in the volume of global communication as well as increased use in personal computers, servers and...

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