Summary of Key Points from the Conference Call Industry Overview - Industry: Electronic Components, specifically focusing on HDD (Hard Disk Drive) and SSD (Solid State Drive) markets in Japan [1][5] HDD Production Insights - August HDD Production: Increased by 1.6% year-over-year (YoY) and 0.5% month-over-month (MoM), totaling 11.00 million units [3] - Historical Production Trends: - 2021: 261.7 million units - 2022: 168.7 million units (-35.5% YoY) - 2023: 120.5 million units (-28.6% YoY) - 2024: 124.8 million units (+3.5% YoY) - 2025 Forecast: 128.7 million units (+3.1% YoY) [3] Nearline HDDs for Data Centers - August NL HDD Production: Increased by 11.8% YoY and 2.4% MoM, reaching 6.37 million units [4] - Full-Year NL HDD Output: - 2021: 81.45 million units (+18.0% YoY) - 2022: 71.30 million units (-12.5% YoY) - 2023: 44.51 million units (-37.6% YoY) - 2024: 63.12 million units (+41.8% YoY) - 2025 Forecast: 74.10 million units (+17.4% YoY) [4] Capacity and Supply Constraints - Production Limits: Nearline HDDs face production limits due to media and head capacity constraints, impacting volume growth [1][9] - Head Supply: Monitoring whether TDK resumes head supply to vendors beyond Toshiba is crucial [1][9] SSD Market Performance - August SSD Shipments: Increased by 10.2% YoY and 5.6% MoM, totaling 32.61 million units [10] - Historical SSD Shipments: - 2021: 383.02 million units (+21.4% YoY) - 2022: 348.30 million units (-9.1% YoY) - 2023: 319.80 million units (-8.2% YoY) - 2024: 348.20 million units (+8.0% YoY) - 2025 Forecast: 366.00 million units (+5.1% YoY) [10] Cost Comparisons and Market Dynamics - Cost Efficiency: NL HDD GB cost is approximately 1/8 that of enterprise SSDs, making substitution with SSDs unrealistic for low-access cold storage [9][10] - Capacity Growth: SSD capacity per unit is increasing, particularly in DC-use enterprise SSDs, indicating a shift in market dynamics [9][10] Future Outlook - HDD Shipment Capacity: Expected to reach 1,595 exabytes (EB) in 2025, surpassing the 1,345 EB recorded in 2021 [11] - High-Capacity Models: Increasing shipments of high-capacity models (24TB and above) are anticipated, with rising average selling prices (ASPs) [11] Additional Insights - Market Adjustments: SSD inventory adjustments have been resolved, and volume growth trends are expected to continue [10] - Quarterly Production Trends: NL HDD shipments are forecasted to gradually increase throughout 2025, despite production constraints [11] This summary encapsulates the key insights and data points from the conference call, providing a comprehensive overview of the current state and future outlook of the HDD and SSD markets in Japan.
电子元件 - 8 月硬盘 固态硬盘数据：数据中心用硬盘和固态硬盘产能持续增长-Electronic Components-Aug HDDSSD Data Ongoing Capacity Growth for DC use in Both HDD and SSD
2025-10-09 02:00