Articles about Western Digital

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SanDisk stockholders book a table, prepare for Western Digital gobble

SanDisk shareholders have voted in favour of Western Digital buying their company. At SanDisk's special stockholders' meeting today, 98 per cent of the votes were in favour of the sale to WDC. WDC shareholders, via more than 90 per cent of the votes cast, have separately approved WDC issuing more shares (common stock) to help …
Chris Mellor, 16 Mar 2016
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Seagate reorg: CEO puts ops man at the wheel

+Comment A new heir apparent has emerged at Seagate, the world's number two disk drive manufacturer, which experienced an 8TB drive production quantity mis-step in 2015. The company has consolidated Rocky Pimental's Global Markets and Customers organisation into Dave Mosley's Operations and Technology division. Pimental keeps his EVP …
Chris Mellor, 5 Jan 2016
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El Reg picked a pack of ace pic-titlers

We spent so long chortling at your entries to our WD "Caption This" competitions, we forgot to tell you who the winners were. Besides a stonking great Western Digital 6TB Black drive plus a My Passport Ultra, our winners receive the glory of their names on the wit list below. The full complement of winners from the …
Jude Karabus, 22 Dec 2015
Toshiba

Toshiba denies NAND exit report with 'no decision made' comment

Giant Japanese conglomerate Toshiba, currently restructuring in the wake of a huge accounting scandal, has denied media reports that it intends to pursue a flash foundry spin-off. The Japan Times has reported (citing sources) that the flash foundry business could be set up as a separate subsidiary owning the Yokkaichi plant in …
Chris Mellor, 21 Dec 2015
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Oh my Tosh: SanDisk chatted to 3 other buyers before WD slurp

Comment Three other potential buyers were circling around SanDisk when it was being bought by Western Digital Corporation. A WD S-4 registration statement filing reveals Companies A, B, C and D were also involved in a potential purchase of SanDisk during the period in which it talked about a buy. The WD and SanDisk CEOs first met on …
Chris Mellor, 15 Dec 2015
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Seagate wears dunce's cap in hi-cap disk ship slip

Seagate has misjudged the high-capacity disk drive market, lacking helium-filled drives and mucking up its 8TB drive manufacturing tactics. Despite recognising that high-capacity drives are the key part of its enterprise portfolio, with SSDs killing off the high-performance 2.5-inch spindle market, Seagate has let WDC (HGST) …
Chris Mellor, 14 Dec 2015

Western Digital begins navigating the non-volatile memory maze

Comment Stifel MD Aaron Rakers has taken a deep dive look at the SanDisk technology Western Digital is aiming to buy, and his report brings out cost-savings derived from HGST escaping payment of an Intel tax, 3D NAND timescales, and possibilities for future planar NAND node shrinks. SanDisk brings Western Digital a NAND chip supply …
Chris Mellor, 19 Nov 2015
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HGST closing SSD plant in Malaysia – report

HGST is reportedly closing an SSD manufacturing and research and development plant in Penang. The plant currently employs 450 people. Managerial staff are going to HGST subsidiaries in Singapore. The move is part of Western Digital's integration of its acquired HGST subsidiary, which was agreed by MOFCOM, China's Ministry of …
Chris Mellor, 10 Nov 2015
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Western Digital in joint push with Unisplendour to sell arrays in China

Following Unisplendour’s intended $3.8bn investment in Western Digital, the two companies are forming a joint venture to sell WD’s data centre arrays in China. According to analyst haus Stifel Nicolaus' MD, Aaron Rakers, this JV will be 49 per cent owned by Western Digital and 51 per cent by Unisplendour and its subsidiary …
Chris Mellor, 9 Nov 2015
Steve_Luczo

Seagate’s suffering from mighty profit droop syndrome

Major droop alert: as per its preliminary warning, Seagate’s revenues and profits tumbled on the annual compare. Revenues of $2.9bn in its first fiscal 2016 quarter were 23 per cent down on the $3.79bn reported a year ago while the $34m profit was a whacking great 91 per cent lower than the $381m recorded a year ago. That …
Chris Mellor, 30 Oct 2015

WD revenues hurt by slack PC demand

Western Digital saw depressed PC and notebook sales affect its disk drive business in its latest quarter, with stalling SSD sales showing negative sequential growth. A quick look at the numbers for the company's first fiscal 2016 which ended 2 October: Revenue of $3.4bn, 6.3 per cent up on the previous quarter but 12.8 per …
Chris Mellor, 29 Oct 2015
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Caption this: WIN a 6TB Western Digital Black hard drive with El Reg

Caption Competition Wow, what bumper crop of captions this week, it seems that El Reg readers are pretty flexible when it comes to posting thoughts on gymnastic computer users. Thanks again to the regular posters, no doubt driven on by the knowledge that last week’s winner had already won once. Quite a few referenced the Lenovo Yoga device …
Simon Rockman, 23 Oct 2015
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Seagate moves head moneyman to undefined role, promotes new CFO

Seagate has moved CFO Pat O'Malley to an undefined exec role and promoted Dave Morton to CFO. Morton was Seagate’s SVP, treasurer and principal accounting officer, and now gets an EVP hat. O'Malley, CFO since 2008, keeps his existing EVP status but becomes responsible "for a broad range of strategic and operational issues." …
Chris Mellor, 22 Oct 2015

WD is gobbling SanDisk, so what's on the menu? A deflating soufflé

Revenues of $1.45bn in SanDisk's third calendar 2015 quarter were 17 per cent down on the annual compare, although that number beat Wall Street's estimate of $1.4bn. They were comfortably higher than the second quarter's $1.23bn, in fact 17 per cent higher – neat. Net income was $133m, a huge 50 per cent less than the year-ago …
Chris Mellor, 21 Oct 2015

Official: WD buys SanDisk

Consolidation in the storage industry is speeding up. One week after Dell decides to buy EMC for $67bn, Western Digital is using Unisplendour money to buy SanDisk for $19bn to create an enterprise and consumer flash powerhouse. Speculation about a SanDisk purchase by Western Digital has been intense, following the $3.8bn …
Chris Mellor, 21 Oct 2015
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Western Digital's hard drive encryption is useless. Totally useless

The encryption systems used in Western Digital's portable hard drives are pretty pointless, according to new research. It appears anyone getting hold of the vulnerable devices can easily decrypt them. WD's My Passport boxes automatically encrypt data as it is written to disk and decrypt the data as it is read back to the …
Iain Thomson, 20 Oct 2015

SanDisk, we could make sweet flash music together, whispers WD

Western Digital is considering buying SanDisk for approximately $17-$18bn, with the companies already in advanced talks and a deal possible within weeks, according to Bloomberg, after speculation surfaced last week that SanDisk was in acquisition talks with both Micron and Western Digital. The potential deal price with WD is $80 …
Chris Mellor, 20 Oct 2015
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China finally says yes to WD-HGST union

+Comment MOFCOM, the Chinese trade regulator which has been holding up the integration of WD and HGST, is relaxing its "hold separate" restriction and integration can start now. But the two brands and sales forces must stay separate for two more years. Western Digital can "integrate substantial portions of its HGST and WD subsidiaries …
Chris Mellor, 19 Oct 2015

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