|Exchange:||NASDAQ national market|
|Stock:||Western Digital Corporation|
|Western Digital Corporation was founded in 1970. The Company is a Delaware Corporation. It is an industry developer and manufacturer of storage solutions that enable people to create, manage, experience and preserve digital content. The Company designs and makes storage devices and home entertainment products under the HGST, WD and G-Technology brands. The Company’s 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 primary storage medium for digital content. The Company operates its business through two subsidiaries namely HGST and WD, both long-time innovators in the storage industry. It offers various storage products and solutions to meet the evolving storage needs of its end users. 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 Fibre Channel, Serial Advanced Technology Attachment (‘SATA’) and SAS. 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, SATA and Parallel Advanced Technology Attachment (‘PATA’). It also provide in the mobile computing market of smart phones and tablets with standalone WD software applications such as WD PhotosTM and WD 2GO® for iOS, Android and Windows Phone platforms. 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 authorizes 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.|
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