Western Digital, formerly known as Western Digital Corporation, is a publicly owned American company founded in 1970. Headquartered in the United States, it employs approximately 26,400 people. The company specializes in creating data storage solutions, catering to various industries and consumer needs. Western Digital has established itself as a prominent player in the data storage market, offering a wide range of products and services to meet the evolving demands of the digital age.

Revenue

Founded

1970

Headcount

26,396

Headquarters

US

Primary Segment

Computer Hardware Manufacturing

Ownership

Publicly Owned

News Summary:

On February 21, 2024, Western Digital completed the separation of its flash business, retaining its hard-disk drive business. The company appointed Irving Tan as its new chief executive officer on the same day. Tan believes artificial intelligence will benefit the hard-disk drive industry. Reports indicate Western Digital exited the SSD market, ending its NAND flash memory production and focusing solely on HDDs for the AI sector. This decision follows the transfer of its SSD operations to SanDisk; rebranding of product lines like WD_Black to SD_Black is anticipated. Analyst ratings for Western Digital varied over the past three months, showing a mix of positive and negative opinions.

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Western Digital offers 3 products in the media tech and media and telecoms services industries. Western Digital's product portfolio comprises of consumer electronics, content acquisition and media cloud and storage.
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