ADDED
There were 346,922,126 shares of common stock, par value $0.01 per share, outstanding as of the close of business on July 23, 2025.
Western Digital, the Western Digital logo and WD are registered trademarks or trademarks of Western Digital or its affiliates in the U.S.
Business General Western Digital was founded in 1970 and is a Standard Poor s 500 ( S P 500 ) company headquartered in San Jose, California.
We are a leading developer, manufacturer, and provider of data storage devices and solutions based on hard disk drive ( HDD ) technology.
HDDs are critical components in the worldwide data infrastructure market, powering the digital economy.
HDDs provide reliable, cost-effective, high-capacity storage needs for a wide range of applications, ranging from cloud data centers, enterprise storage systems, edge computing, and video surveillance to client and consumer devices.
On February 21, 2025 (the Separation Date ), we completed the separation of our HDD and Flash business units (the Separation ) to create two independent public companies, with Western Digital focusing on our existing HDD business and Sandisk Corporation ( Sandisk ), formerly a wholly-owned subsidiary of the Company, holding the Flash business.
We believe the Separation better positions each business unit to execute innovative technology and product development, capitalize on unique growth opportunities, extend respective leadership positions, operate more efficiently with distinct capital structures, and pursue capital allocation strategies that maximize long-term shareholder value.
As global data creation continues to accelerate, particularly in the age of AI, and as the need to store and retain data also grows, we believe HDDs will continue to remain the preferred technology for storing large volumes of data as the most economical solution to the large cloud data centers for their mass storage needs.
We believe Western Digital is well positioned as a leading supplier in the industry given the depth of our industry knowledge and the breadth of our product portfolio.
REMOVED
There were 343,451,583 shares of common stock, par value $0.01 per share, outstanding as of the close of business on August 7, 2024.
Western Digital, the Western Digital logo, SanDisk and WD are registered trademarks or trademarks of Western Digital or its affiliates in the U.S.
Examples of forward-looking statements include, but are not limited to, statements concerning: our expectations regarding our plan to separate our HDD and Flash business units; our product plans and business strategies; consumer trends and market conditions; expectations regarding demand trends, market opportunities and our market position; expectations regarding our future financial performance; the impact of the global macroeconomic environment; expectations related to our agreed sale of a portion of our equity interest in SanDisk Semiconductor (Shanghai) Co.
Business General Western Digital is a leading developer, manufacturer and provider of data storage devices and solutions based on both hard disk drive and NAND flash technologies.
With a differentiated innovation engine driving advancements in storage and semiconductor technologies, our broad and ever-expanding portfolio delivers powerful hard disk drives ( HDD ) and flash-based products ( Flash ) storage solutions for everyone from students, gamers and home offices, to the largest enterprises and public clouds to capture, preserve, access and transform an ever-increasing diversity of data.
Our broad portfolio of technology and products addresses multiple end markets: Cloud, Client and Consumer.
Cloud is comprised primarily of products for public or private cloud environments and end customers.
Through the Client end market, we provide our original equipment manufacturer ( OEM ) and channel customers a broad array of high-performance hard drive and flash solutions across personal computer, mobile, gaming, automotive, virtual reality headsets, at-home entertainment, and industrial spaces.
The Consumer end market is highlighted by our broad range of retail and other end-user products, which capitalize on the strength of our product brand recognition and vast points of presence around the world.
On October 30, 2023, we announced that our Board of Directors had completed its strategic review of our business and, after evaluating a comprehensive range of alternatives, authorized us to pursue a plan to separate our HDD and Flash business units to create two independent, public companies.