, Ltd. The chairman always sets ‘unrealistic’ business targets. With Flash and HDD franchises, underpinned by advancements in memory technologies, we create breakthrough innovations and powerful data storage solutions that enable the world to actualize its aspirations. , an Irvine-based maker of data-storage disk drives, the companies said Wednesday. WD. The South Korean company controlled 17. Jan 27, 2022 · Western Digital Corp. Oct 30, 2023 · Western Digital has announced plans to split in two, more than a year after activist investor Elliott Management pushed the US data storage company to make such a move. 83% is in advanced talks to merge with Japan’s Kioxia Holdings Corp. Western Digital provides data storage solutions, including systems, HDD, Flash SSD, memory and personal data solutions to help customers capture and preserve their most valued data. is a non-listed entity in the private market with no IPO filing Product Media Inquiries. Western Digital Corporation is an American data storage company headquartered in San Jose, California. 66 and non-GAAP EPS was $4. What We Do. (Nasdaq: WDC) ("Western Digital" or the "Company") today announced that Wissam Jabre will assume the role of Western Digital's Executive Vice President and Chief Financial Officer effective the week of February 7, 2022. Fiscal year 2021 GAAP EPS was $2. Productmediainquiries@wdc. Western Digital provides data storage solutions, including systems, HDD, Flash SSD, memory and personal data solutions to help customers capture and preserve their People’s Republic of China: Hitachi Global Storage Technologies Consulting (Shanghai) Co. 80 on the news, but fell about 6% in extended trading after it announced it planned to raise capital through the sale of $1. Mar 24, 2024 · Western Digital Corporation reports a large amount of net debt, close to $5. The world's largest storage manufacturer officially gets Learn more about the Western Digital Corporation and how our products and solutions help customers and businesses capture and preserve their most valued data to be more successful. Tsinghua Unigroup Co. Rosenblatt Adjusts Price Target on Western Digital to $65 From $115. Morgan as financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP as legal counsel during the strategic review process. Title. Cayman Islands: Western Digital Israel Ltd. That commitment is reflected in our FY2023 report where we share our data-driven strategy and detail our significant achievements over the past fiscal year. 2023 Annual Report. The total amount of goodwill represents close to 40% of the However, in March, Chinese chip assembly and testing firm JCET Group revealed its plans to acquire an 80 percent stake in SDSS for an approximate sum of US$624 million, with the flash memory facility to become a joint venture with Western Digital. Fourth quarter GAAP earnings per share (EPS) was $1. It was founded in 1970 and has its headquarters in San Jose, California. Nowhere is the difference between Chinese and Western companies more salient than in their target setting and annual budgeting. Cynthia Tregillis is the Senior Vice President, Chief Legal Officer and Secretary of Western Digital. 5601 Great Oaks Parkway. Oct 22, 2023 · Western Digital and Kioxia are close to forming the world's largest NAND maker. (Shanghai) Co. Under the joint venture, Western Digital will remain SDSS’ main customer in order to shore up . Explore company news, media assets, blogs and events. Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and 1 Rochor Canal Road, #05-50 Sim Lim Square Singapore 188504. SZ> had scrapped its planned $3. 55. China No No Yes No No HGST (owned by Western Digital) United States and Japan Formerly, but now absorbed into its parent, Western Digital Formerly through Flash Forward, a joint venture between Toshiba (now Kioxia) and its then-sister company, SanDisk Formerly, but now absorbed into its parent, Western Digital No No HyperOs Systems: England Aug 30, 2021 · August 29, 2021 · 4 min read. Western Digital Corp. In 1970, Western Digital began producing special semiconductors in its incarnation as Emerson Electric Company of St. 2024 Proxy For Special Meeting. 9 billion, up 1% YoY. Buys More, But China Buys More Modern IT Equipment. The move follows reports that a cancelled merger between the two could be on again. Documents. The Investor Relations website contains information about Western Digital's business for stockholders, potential investors, and financial analysts. She oversees the company's worldwide legal, risk management, compliance and government relations functions. A comprehensive five-year study systematically identified the reasons behind these failures. Find company research, competitor information, contact details & financial data for Western Digital Info. The official Newsroom for Western Digital, a global leader in data-centric solutions. 6mm x 14mm. Year. Jan 4, 2012 · Western Digital's planned acquisition of Hitachi's hard drive business may have hit a snag: China's anti-monopoly regulators want the company to address concerns about the buyout. According to the company, the move aims to enhance strategic focus, allowing each entity to innovate. 8% of the NAND market in the second quarter, so the formation of a bigger Apr 8, 2019 · April 08, 2019. The company was founded in 1988 as SunDisk Corporation and renamed in 1995 as SanDisk Corporation; [2 Dec 9, 2014 · Western Digital Corp. S. Delaware Oct 21, 2015 · Gregory Wong, an analyst with Forward Insights, said the deal allows WD to enter the consumer SSD and enterprise SATA SSD market. About Western Digital Western Digital is on a mission to unlock the potential of data by harnessing the possibility to use it. 0 references. company/western-digital-corporation. is registered as Private Limited Company with its address 9 TAMPINES GRANDE, #04-22, ASIA GREEN, Singapore 528735. On track for the second half of calendar year 2024, significant progress towards the completion of the Please visit Western Digital's company page for the latest company information. Nov 27, 2019 · The Journal reported that Seagate and Western Digital have sold hard disk drives to Chinese company Hangzhou Hikvision Digital Technology Co. hard-disk maker, Western Digital Corp <WDC. Western Digital to Participate in Upcoming Investor Conferences. Apr 20, 2022 · The World Economic Forum has recognised and awarded Western Digital's factory at Batu Kawan, Penang, Malaysia as a Sustainability Lighthouse. As a leader in data infrastructure, the company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. said Tuesday that it had made “significant progress” in its attempt to compel Chinese regulators to allow the integration of Hitachi Global Storage Technologies. This software is available only under a limited time offer and must be redeemed by download and install within 90 days of purchase or by December 31, 2025, whichever is earlier. JCET and Western Digital (WD) agreed on an equity purchase agreement, under which the former will acquire most of the stake in the latter's data storage subsidiary in China Mar 2, 2022 · About Western Digital Western Digital creates environments for data to thrive. But the spending in the U. Description. We’re continually striving through targeted recruitment strategies, innovative development and advancement programs, and a commitment to equity for all employees to build a more inclusive work environment. (Bloomberg) -- Western Digital Corp. Regulators' decision to investigate Tsinghua Holdings' now-defunct $3. From the invention of the first hard drive to recent advancements in 3D NAND our journey of innovation continues to inspire those who dare to think big. Learn more about the Western Digital Corporation and how our products and solutions help customers and businesses capture and preserve their most valued data to be more successful. (MT Newswires) 10:35AM. The Japanese Ministry of Economy, Trade and Industry said it will provide an extra ¥150 billion ($1 billion) funding Western Digital Corporation. Israel: Western Digital Korea, Ltd. Louis. Based in Beijing, it is among the country's largest technology conglomerates; subsidiaries include UNISOC, China's largest mobile phone chip Jun 6, 2024 · Western Digital is also now sampling the industry’s highest-capacity, 32TB ePMR enterprise-class HDD to select customers. 8 billion investment in Western Digital could signal "a heightened sense of scrutiny on all Chinese investments in U. Based in Santa Ana, California, the company was financially backed by the Emerson Electric Company of St. This offer may not be combined, used in conjunction with or used in addition to any other promotion or offer, and does not apply to taxes or shipping costs. Nov 1, 2022 · Shanghai, China - November 01, 2022. Western Digital is committed to providing equal opportunities to all applicants and employees and will not discriminate against any applicant or employee based on their race, color, ancestry, religion (including religious dress and grooming standards), sex (including pregnancy, childbirth or related medical conditions, breastfeeding or related medical conditions), gender (including a person Western Digital Corporation. Product Security. ’s plan to sell a 15 percent stake to a Chinese investor fell apart after the deal came under a U. A year later, the Western Digital appellation was born and Tsinghua Unigroup. SuperSpeed USB-C™ to USB-C™ cable (5Gbps) USB-C™ to USB-A adapter. Shop our Personal & Professional Storage Brands. May 10, 2016 · Western Digital announced today that the company has cleared all the necessary regulatory hurdles in their planned purchase of SanDisk. 3-Year Limited Warranty. May 23, 2024 · Technology category China's JCET to buy stake in flash memory facility from Western Digital March 4, 2024 Technology category Japan chipmaker Kioxia reports $434 mln Q3 loss February 9, 2024 Feb 6, 2024 · Tue 6 Feb 2024 // 14:15 UTC. Western Digital, leaders in digital storage solutions compatible with Mac and PC. Oct 30, 2023 · Western Digital has announced that its board of directors had voted unanimously to separate its hard drive and flash memory (SSDs) businesses, creating two independent, publicly traded companies. Western Digital Reports Fiscal Third Quarter 2024 Financial Results. By leveraging its vertically integrated smart factory model and implementing 4IR technologies such as IoT sensors, digital twin modeling, analytics powered plant management system and lights-out No, Western Digital is not a Chinese company. View More. , which sells surveillance products. agreed to pay $3. Generated operating cash flow of $994 million and free cash flow of $792 million in the fourth quarter. Ltd. The regulatory approval from China's Ministry of Commerce (MOFCOM) in Aug 14, 2018 · However, they have all failed in China, the world’s largest digital market. Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia Jul 31, 2023 · The company's actual results when disclosed in its Form 10-K may differ from these preliminary results as a result of the completion of the company's financial closing procedures, including completion of the annual assessment of impairment of goodwill; completion of the audit by the company's independent registered accounting firm; and other Mar 5, 2024 · SAN JOSE, Calif. This suggests a possible upside of 1. Oct 27, 2023 · Last year, Western Digital launched a review of strategic alternatives, after activist Elliott Investment Management disclosed a stake of nearly $1 billion in the company and pushed it to separate 2 days ago · 24 Wall Street research analysts have issued 12 month price targets for Western Digital's stock. GRID ID. O>, said on Tuesday that China's Unisplendour Corp Ltd <000938. 3 billion worth of Chinese companies deploy digital platforms to give employees access to shared corporate resources and capabilities. to the Global Lighthouse Network, and designated it as a Sustainability Lighthouse for its breakthroughs in efficient operations. With over 20 years of experience in semiconductors and operations, Jabre was most recently Chief Evercore ISI Adjusts Price Target on Western Digital to $85 From $80. Tel: +65 63341373 / 63346455. 78 billion investment in the company, a move that May 12, 2016 · However, Chinese company Unisplendour, which was planning to buy a 15 percent stake in Western Digital as part of the merger, backed out in February this year, lowering the value of the deal to Western Digital Corporation. San Jose, CA 95119 USA. It is known for its flash memory products, including memory cards and readers, USB flash drives, solid-state drives, and digital audio players. is a state-owned Chinese technology and semiconductor manufacturer that also supplies digital infrastructure and services to domestic and global markets. Their PC HDD Nov 1, 2022 · Shanghai, China - November 01, 2022. Feb 23, 2016 · Western Digital said Chinese firm Unisplendour had terminated a proposed $3. From left: Redfox Qiu, COO of Huawei Cloud & AI Products & Services; Song Yanling, CPO Jan 5, 2018 · Here are four of the most challenging themes that multinational executives encounter when they work for Chinese companies: 1. FREE shipping, friendly support, and 30-day return policy on storage products. 04 billion, which the company uses to finance acquisitions. But Aug 4, 2021 · Fiscal year 2021 revenue was $16. 97 and non-GAAP EPS was $2. Visit our Common Support page for continued support of our products. is pitching a fresh proposal to acquire Kioxia Holdings Corp. Officially, WESTERN DIGITAL (SINGAPORE) PTE. com. Oct 10, 2023 · In contrast to major Chinese energy storage companies like Contemporary Amperex Technology Co. Western Digital has long been at the forefront of game changing innovations. P. WDC 2. will be skewed toward traditional IT and maintenance ($704 billion 1 Rochor Canal Road, #05-50 Sim Lim Square Singapore 188504. Read the 2022 Sustainability Report to learn more. Dimensions (L x W x H) 110mm x 81. Software for device and file management and backup with password protection. The company’s admission that it had not completed a deal with its chosen buyers came as a rival bidder, Western Digital, said it had submitted a new offer. Mar 4, 2024 · Chinese chip assembly and testing firm JCET Group said on Monday it plans to buy an 80% stake in a Shanghai flash memory facility owned by Western Digital Corporation for about $624 million in cash. May 16, 2016 · Western Digital announced on Tuesday that the Chinese authorities have approved its acquisition of SanDisk. It is an American company that specializes in computer data storage and hard disk drives. 16. Acronis True Image for Western Digital. Country/Region: Singapore. (MT Newswires) 10:45AM. Email: sales@bizgram. Feb 24, 2016 · The U. will likely be spending more on IT than China. Quick install guide. My Passport Ultra, Limited Edition Dragon. Some of the leading Chinese energy storage companies include CATL, BYD, EVE Energy, Lishen, and Sunwoda. 78 billion for a 15% stake in Western Digital Corp. Product Support. Monday — Friday, 8am — 5pm PST. Tech. By Jonathan Soble Tech Tip What We Do. , Limited, Tianjin Lishen Battery, and EVE Energy, Western Digital is not a Chinese company. Therefore, it is Western Digital's policy not to review or consider ideas, suggestions, proposals, creative works or materials other than those that Western Digital has specifically requested. Korea: Western Digital Latin America, Inc. The products identified below are in compliance with the China RoHS on the restriction of use of certain hazardous substances (“China RoHS Directive”). Western Digital (Japan) 1 reference. Baird Adjusts Price Target on Western Digital to $100 From $65. Their WDC share price targets range from $45. SanDisk LLC is an American multinational computer technology company based in Milpitas, California. of Shanghai. Western Digital: An American Data Storage Technology Company. Notable highlights include progress towards our science-based Aug 11, 2022 · Wholesale “decoupling” of western companies from China, for fear of future frictions or conflict, is unachievable and undesirable. The companies agree to a common goal of market success through the continuation of their relationship in the areas of HDD, SSD and NAND Flash storage technology. Louis and various other independent investors. +1 408 801 1000. will spend an estimated $1,169 billion on IT compared to $844 billion for China, according to Fok. In all, the U. “WD wants [SanDisk] for the access to the flash. S Dec 21, 2015 · China's Tsinghua Unigroup, the state-controlled company that bought a 15% stake in storage-solutions leader Western Digital (WDC-0. Western Digital (China) 0 references. and Huawei have signed a Strategic Cooperation Agreement. - Any -. LTD. WESTERN DIGITAL (SINGAPORE) PTE. On average, they expect the company's stock price to reach $82. That makes it possible for frontline workers to self-organize around specific Discount offer valid only for 10 or more 22TB Ultrastar DC HC570 (0F48155) or 10 or more 20TB Ultrastar DC HC560 (0F38755), bought online through the Western Digital Store. Western Digital is an American data storage technology company. Download of this software provides a 5-year license to use it with your compatible drive. Based on information provided by our suppliers, Western Digital designates the products listed below as China RoHS compliant for orders based on Mar 9, 2016 · 3. (NASDAQ: WDC) (“Western Digital” or “the Company”) today provided an update on its previously announced plan to separate into two independent, publicly traded companies. The company’s product portfolio includes solid state drive (SSD), hard disk drive (HDD), flash-based embedded storage products, and flash-based memory wafers and components. Western Digital Corp (Western Digital) designs and manufactures various storage devices and solutions. Feb 6, 2024 · About Western Digital Western Digital is on a mission to unlock the potential of data by harnessing the possibility to use it. The U. Have any questions? Western Digital Chat is here to help. four years after it lost out on a bid to take over the former Information regarding Western Digital's trade and industry association memberships can be found here: 2021 Trade Associations and 2022 Trade Associations. 36%) earlier this year, plans to evolve into a chipmaking Feb 23, 2016 · Western Digital Corp. It would push up costs and weaken western economies. Different Views As of the latest information available, Western Digital is not a Chinese-owned company. Even in 2020, the U. Online Store Support: US 855-493-7867. Japan is set to provide more subsidies for chip companies Kioxia and Western Digital to boost memory production. national security review, highlighting the government’s ability to Western Digital Products As of May 6, 2024. 78 billion investment in the company, dealing a setback to the disk-drive maker’s nearly bid to acquire rival SanDisk Learn more about the Western Digital Corporation and how our products and solutions help customers and businesses capture and preserve their most valued data to be more successful. Our data-centric solutions are comprised of the Western Digital, SanDisk Professional, SanDisk, and WD brands. Jan 25, 2024 · May 08, 2024. Country/Region: India. 00. 3% higher at $41. Since joining Western Digital in 2012, Tregillis has held several positions at Western Digital. 1 day ago · Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. China: Western Digital International Ltd. Get the latest business insights from Dun & Bradstreet. It is a global leader in providing storage solutions for a wide range of applications, including personal computers, enterprise data centers, and cloud Oct 30, 2023 · The Western Digital Board of Directors engaged Qatalyst Partners, Lazard and J. Cayman Islands: Western Digital Ireland, Ltd. 0% from the stock's current price. Discount offer valid only for 10 or more 22TB Ultrastar DC HC570 (0F48155) or 10 or more 20TB Ultrastar DC HC560 (0F38755), bought online through the Western Digital Store. Sep 30, 2015 · A unit of China’s Tsinghua Unigroup Ltd. Designed for massive data storage in hyperscale cloud and enterprise data centers, the new Ultrastar DC HC690 high-capacity UltraSMR HDD will play a vital role in AI workflows where large-scale data storage and low TCO are Sep 23, 2020 · The Chinese giant is not a major customer of either Seagate or Western Digital (its share in their revenue is less than 10%), but it certainly is important for both. Open Funder Registry funder ID. Apr 25, 2024. Its products are used in a wide range of notebook, desktop Western Digital takes a holistic approach to creating a culture of belonging. Corporate Headquarters. , according to people familiar with the matter, in At Western Digital Corporation ("Western Digital"), we have an ongoing program of research and development covering an assorted range of topics. Country/Region: Asiana. 00 to $115. David Goeckler, CEO of WD, said that "our HDD Western Digital Hong Kong Limited: Hong Kong: Western Digital Information Technology (Shanghai) Company Ltd. Today, Western Digital Corporation (NASDAQ: WDC) announced that the World Economic Forum named its facility in Shanghai SanDisk Semiconductor (Shanghai) Co. Western Digital (Thailand) Company Limited : Thailand: Western Product Media Inquiries. At Western Digital, we are deeply committed to protecting and supporting our people, our environment, and our communities. Warranty. Aug 25, 2021 · Photo: Edwin Cheng for The Wall Street Journal. Mar 5, 2024 · Credit: AFP. - March 05, 2024. Add Links to Pages. Oct 30, 2023 · Western Digital shares closed 7. (MT Newswires) 10:26AM. 09 in the next year. HGST is a global leader in data storage, unlocking potential by helping the world harness the power of data. go ak ua rl dn jy cl cz fi yt