Western Digital
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All Stories for Western Digital
MWC 2019: WD launches the world's fastest 1 TB Sandisk Extreme microSD card
•The Sandisk Extreme card offers read speeds up to 160MB/s, with a write speed of 90 MB/s.
Western Digital expected revenue to improve in the second half of 2019
•Western Digital is targeting $800 million in annualised reductions in non-GAAP cost and expenses.
Samsung and Apple have topped the semiconductor chip buyers list in 2017; consume chips worth $81.8 billion
Ians •Samsung Electronics witnessed a growth of 37.2 percent in the year 2016-17 while Apple grew 27.5 percent in the same period.
Toshiba and Western Digital agree in principle settle the dispute over memory chip unit
•Toshiba’s board has approved a framework for a settlement and is aiming to reach a final agreement by next week.
Toshiba and Western Digital are close to settling their legal dispute over the sale of an $18 billion semiconductor unit
•But Western Digital, Toshiba’s chip joint venture partner and a jilted suitor in the auction of the unit, argues that no deal can proceed without consent.
Toshiba reports 76 percent jump in Q2 profit after recent sale of memory chip unit for $18 billion
•Toshiba maintained its full-year operating profit forecast of 430 billion yen, of which 419.4 billion yen would come from memory chips.
Toshiba disputes Western Digital CEO claims on memory chip unit investment talks
•Because of the impasse over the terms, Western Digital does not believe it will take part in a coming round of investment in Toshiba’s Fab 6 chip factory.
Seagate pledges not to buy any stake in Toshiba's memory chip unit for the next 10 years
•Seagate has committed up to $1.25 billion to finance the purchase of the chip unit — world’s second-biggest producer of NAND flash memory semiconductors.
Toshiba is considering various measures in case the memory chip sale does not close by the end of the financial year
•The deal needs to close by end-March or Toshiba will likely report negative net worth — where liabilities exceed assets — for a second year running.
Toshiba is expected to suffer a net loss of $1 billion in taxes related to the sale of its memory chip unit
•Toshiba said that due to the tax impact, it expects a loss of 110 billion yen ($970 million) in the year to March.