Toshiba is a global leader in various technology fields, such as energy, infrastructure, electronics and digital solutions. The company’s success is based on its continuous investment in research and development (R&D) to create innovative products and services that meet the needs of customers and society.
According to its financial data, Toshiba spent approximately 1.5 trillion Japanese yen (about 13 billion US dollars) on R&D in the fiscal year 2021, which accounted for 4.9% of its sales. This ratio is higher than the average R&D expenditure as % of the revenue of other major Japanese companies in the ICT industry, which was 3.8% in the fiscal year 2020.
Toshiba’s R&D strategy focuses on three key areas: core, growth, and frontier technologies. Core technologies are the foundation of Toshiba’s business domains, such as power systems, industrial systems, electronic devices and storage devices. Growth technologies are the drivers of Toshiba’s future growth, such as artificial intelligence (AI), the internet of things (IoT), robotics and quantum cryptography. Frontier technologies are the exploratory fields that Toshiba aims to create new value and markets, such as biotechnology, neuromorphic computing and fusion energy.
Toshiba conducts its R&D activities through various channels, such as its own research laboratories, joint research with universities and other institutions, collaboration with customers and partners, and participation in national and international projects. Some of the recent achievements of Toshiba’s R&D include:
- Developing a high-performance AI processor that can perform complex deep learning tasks at high speed and low power consumption.
- Launching a new generation of NAND flash memory that can store up to 1 terabyte of data in a single chip.
- Establishing a world record for continuous operation of a nuclear fusion reactor for 20 seconds at a plasma temperature of over 100 million degrees Celsius.
- Introducing a digital transformation platform that can integrate data from various sources and provide advanced analytics and solutions for various industries.
Toshiba’s R&D efforts are aimed at enhancing its competitiveness and profitability and contributing to social good and environmental sustainability. Toshiba’s vision is to become a “cyber-physical systems (CPS) technology company” that can create value by connecting the physical and digital worlds. By investing in R&D, Toshiba hopes to realize this vision and achieve its corporate motto: “Committed to People, Committed to the Future.”