|Exchange:||NASDAQ national market|
|Stock:||Western Digital Corporation|
|Western Digital Corporation was founded in 1970. The Company is a Delaware Corporation. It is a developer and manufacturer of storage products that enable people to create, manage, experience and preserve digital content. It designs and makes storage devices, networking equipment and home entertainment products under the WD, HGST and G-Technology brands. It serves each of the main markets addressing storage opportunities — enterprise and cloud data centers, client, consumer electronics, backup, the internet and other emerging markets such as automotive and home and small office networking. The Company operates its global business through two independent subsidiaries due to regulatory requirements—WD and HGST, both long-time innovators in the storage industry. Its main products are hard drives that use one or more rotating magnetic disks (‘magnetic media’) to store and allow fast access to data. Hard drives are today’s main storage medium for digital content. Its hard drives are used in desktop and notebook computers, corporate and multiple types of data centers, home entertainment equipment and stand-alone consumer storage devices. The Company offers a line of storage devices. Its hard drives currently include 3.5-inch and 2.5-inch form factors, capacities ranging from 30 gigabytes (‘GB’) to 4 terabytes (‘TB’), nominal rotation speeds up to 15,000 revolutions per minute (‘RPM’), and interfaces such as Advanced Technology Attachment (‘ATA’) and Serial Attached SCSI (Small Computer System Interface) (‘SAS’). In addition, it offer a family of hard drives specifically designed to consume substantially less power than standard drives, utilizing its WD GreenPower Technologytm. Its solid-state drives currently include 2.5-inch, mSATA, MO-297 and CompactFlash form factors, capacities ranging from 128 MB to 400 GB, and interfaces such as SAS, Serial Advanced Technology Attachment (‘SATA’) and Parallel Advanced Technology Attachment (‘PATA’). It also participate in the mobile computing market of smart phones and tablets with standalone Western Digital software applications such as WD Photos and WD2go for iOS, Android and Windows Phone platforms. Its other products include solid-state drives, home entertainment and networking products and software applications for smart phones and tablets. It has one of the industry’s patent portfolios with more than 6,000 active patents worldwide. It maintains sales offices in selected parts of the world including the major geographies of the Americas, Asia Pacific, Europe and the Middle East. It use a broad group of distributors to sell its products to non-direct customers such as small computer and CE manufacturers, dealers, systems integrators, online retailers and other resellers. It sells its products directly to a select group of major retailers such as computer superstores, warehouse clubs, online retailers, and computer electronics stores, and authorize sales through distributors to smaller retailers. It competes with manufacturers of hard drives for client compute, client non-compute and enterprise applications, as well as manufacturers of solid-state drives. Competition in the hard drive market consists of five brands: HGST, Samsung, Seagate, Toshiba and WD. In solid-state products it competes with Micron Technology, Inc., Samsung Electronics Co. Ltd., Seagate Technology LLC, STEC, Inc. and Toshiba Corporation. The Company is subject to a variety of U.S. and foreign laws and regulations in connection with its operations and relating to the protection of the environment, including those governing discharges of pollutants into the air and water, the management and disposal of hazardous substances, and the cleanup of contaminated sites.|
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.