Western Digital (WDC)

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Western Digital Corp. News Release

A Collection of Western Digital Corp. News Release

WD® To Move Stock Listing To NASDAQ
Monday May 21st 2012 08:05:19 AM

IRVINE, Calif., May 21, 2012 /PRNewswire-FirstCall/ -- Western Digital Corp. (NYSE: WDC) today announced that it is transferring its stock exchange listing to NASDAQ Global Select Market from the New York Stock Exchange. WD shares will begin trading on the NASDAQ exchange beginning June 1, 2012, and the ticker symbol will remain WDC. "This is part of a new beginning for the new WD following our recent acquisition of HGST to become one of the world's leading storage solutions providers," said John Coyne, chief executive officer. "WD is focused on achieving sustained profitable growth and delivering value to our customers and shareholders. Listing our shares with NASDAQ provi...

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WD® Announces Additional $1.5 Billion In Share Repurchase Program
Monday May 21st 2012 08:01:21 AM

IRVINE, Calif., May 21, 2012 /PRNewswire-FirstCall/ -- Western Digital Corp. (NYSE: WDC) today announced an increased authorization of $1.5 billion of its common stock under its share repurchase program. The additional repurchase authorization is effective immediately and extends the program by five years, during which time additional shares can be authorized for repurchase. The amount of purchases will depend on market conditions and corporate considerations. Share repurchases will be made on the open market. "The decision to increase WD's stock repurchase program is part of our capital allocation strategy to efficiently deploy cash to shareholders while maintaining strategic flexib...

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WD® Appoints Kensuke Oka And Masahiro Yamamura To Its Board Of Directors
Friday May 18th 2012 08:01:12 AM

IRVINE, Calif., May 18, 2012 /PRNewswire/ -- Western Digital Corp. (NYSE: WDC) today announced that it has appointed Kensuke Oka and Masahiro Yamamura to its board of directors, effective May 17, 2012. Mr. Oka is president and CEO of Hitachi America, Ltd., and Mr. Yamamura is corporate officer, general manager of the Semiconductor Business Division of Hitachi, Ltd. "The additions of Mr. Oka and Mr. Yamamura offer our leadership team vital insight as we operate WD and HGST as independent subsidiaries in the competitive hard drive industry," said Thomas Pardun, WD chairman of the board. "Both have deep executive management experience leading operations in the electronics and in...

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WD® Completes Divestiture Of Assets To Toshiba Corporation
Tuesday May 15th 2012 02:00:51 AM

IRVINE, Calif., May 15, 2012 /PRNewswire/ -- Western Digital Corp. (NYSE: WDC) today announced that it has completed its divestiture of certain 3.5-inch hard drive assets to Toshiba Corporation, as required by regulatory agencies that conditionally approved the company's completed acquisition of Viviti Technologies Ltd. (formerly Hitachi Global Storage Technologies). The assets will enable Toshiba to manufacture and sell 3.5-inch hard drives for the desktop and consumer electronics markets and will enhance its ability to manufacture and sell 3.5-inch hard drives for near-line (business critical) applications. As part of its deal with Toshiba, WD® also completed its purchase of Toshi...

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WD® Announces Fiscal Third Quarter Financial Results
Thursday April 26th 2012 04:17:27 PM

IRVINE, Calif., Apr. 26, 2012 /PRNewswire via COMTEX/ --Western Digital Corp. (NYSE: WDC) today reported revenue of $3.0 billion, hard-drive unit shipments of 44.2 million and net income of $483 million, or $1.96 per share, on a GAAP basis for its third fiscal quarter ended March 30, 2012. On a non-GAAP basis, net income was $619 million, or $2.52 per share.(1) Both the GAAP and non-GAAP results include the results of the company's newly acquired HGST subsidiary from the acquisition date of March 8 through the end of March. In the year-ago quarter, the company reported revenue of $2.3 billion, net income of $146 million, or $0.62 per share, and shipped 49.8 million hard drives. Non-GAAP net ...

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WD® Sets April 26th for Q3 Fiscal 2012 Financial Results Conference Call/Webcast and September 13th for Investor/Analyst Day
Thursday April 26th 2012 07:46:46 AM

IRVINE, Calif., April 26, 2012 /PRNewswire via COMTEX/ --Western Digital Corp. (NYSE: WDC) today announced that the company will release its financial results for the third fiscal quarter ended March 30, 2012, after the close of market on the NYSE on Thursday, April 26, 2012. The investment community conference call to discuss these results will be broadcast live over the Internet that day at 2 p.m. Pacific/5 p.m. Eastern. The live and archived conference call webcast can be accessed online at www.westerndigital.com/investor. The telephone replay number is 800-685-1820 in the U.S. or +1-203-369-3873 for international callers. The company also announced it will host a meeting for investors...

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WD® VelociRaptor® Hard Drive Reaches New Performance Peak With 1 TB Model
Monday April 16th 2012 08:02:38 AM

10,000 RPM, 2.5-inch, 6 Gb/s SATA Hard Drive Gets Performance and Capacity Boost to Offer the Ultimate Storage Experience for Demanding PC Enthusiasts IRVINE, Calif., April 16, 2012 /PRNewswire via COMTEX/ --Western Digital® (NYSE: WDC), today announced it is now shipping the new WD VelociRaptor® 1 TB hard drive, the latest addition to its award-winning drive family, the largest capacity 10,000 RPM hard drive on the market today. Designed for high-performance PCs, Mac® computers and professional workstations that require a balance of high performance and capacity, the WD VelociRaptor drive is a favorite among enthusiasts and creative professionals. The WD VelociRaptor will also come in ca...

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WD® Ships Slim, Energy-Efficient Hard Drive for Ultrabook™ Devices
Wednesday April 11th 2012 07:57:57 AM

New 7 mm 2.5-inch Mobile Hard Drive Delivers Lowest Power Consumption in the Industry IRVINE, Calif., April 11, 2012 /PRNewswire/ -- Western Digital® (NYSE: WDC), a worldwide storage leader, today announced it is shipping the WD Scorpio® Blue™ 7 mm hard drive, the latest addition to its mobile hard drive family and the 2.5-inch drive with the lowest power consumption on the market today. Specified to a best-in-class 400Gs shock tolerance, the new single-platter WD Scorpio Blue small form factor hard drives are available in 500 GB and 320 GB capacities and the drives' compatibility with industry-standard 9.5 mm slots make them ideal storage options for mainstream notebooks as...

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WD® Sets April 26th for Q3 Fiscal 2012 Financial Results Conference Call/Webcast and September 13th for Investor/Analyst Day
Thursday April 5th 2012 03:30:56 PM

IRVINE, Calif., April 5, 2012 /PRNewswire-FirstCall/ -- Western Digital Corp. (NYSE: WDC) today announced that the company will release its financial results for the third fiscal quarter ended March 30, 2012, after the close of market on the NYSE on Thursday, April 26, 2012. The investment community conference call to discuss these results will be broadcast live over the Internet that day at 2 p.m. Pacific/5 p.m. Eastern. The live and archived conference call webcast can be accessed online at www.westerndigital.com/investor. The telephone replay number is 800-685-1820 in the U.S. or +1-203-369-3873 for international callers. The company also announced it will host a meeting for investor...

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WD® Gives Mac® Users the First 2 TB Portable Hard Drive for All Their Digital Content
Tuesday April 3rd 2012 07:57:51 AM

New My Passport® Studio™ Maintains Classic All-Metal Design and Dual FireWire 800 Ports For All-in-One Solution to Backup, Store, Protect, and Transport Files IRVINE, Calif., April 3, 2012 /PRNewswire/ -- Western Digital® (NYSE: WDC) today introduced the first 2 TB capacity portable drive dedicated for Mac® customers, My Passport® Studio™. This new standard in high storage capacity, along with Apple® Time Machine® compatibility for quick and easy automatic backup of Mac hard drives, allows Mac users to use one drive for the protection and transport of virtually all their digital content, everywhere they go. The new My Passport Studio portable drive maintains its elegant and ...

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