Western Digital News (NASDAQ:WDC)

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08/11/20173:02AMDJNToshiba Revives Talks for Chip Unit Sale -- WSJ
By Takashi Mochizuki This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (August 11, 2017). TOKYO -- Toshiba Corp. said it has reopened talks with Foxconn Technology Group and Western Digital Corp. over selling its... More...>>
08/10/20179:00AMBWWestern Digital 96-Layer 3D NAND Recognized as ‘Best of Show’ at the Flash Memory Summit
Significant Advancement in 3D NAND Technology Honored for Innovation and Broad Impact to Industry Western Digital Corp. (NASDAQ: WDC), a global data storage technology and solutions leader, today announced that it has received the Flash Memory Summit ‘Best of Show’ award for the company’s BiCS4 technology, the world’s... More...>>
08/04/20179:39PMBWWestern Digital Notes Court’s Decision to Extend TRO until Court Orders Preliminary Injunction
Western Digital Corp. (NASDAQ: WDC) announced following a court hearing today that the Superior Court of California for the County of San Francisco (the “Court”) decided to extend the temporary restraining order (“TRO”) that the Court had granted on July 11, 2017, in favor of Western Digital’s SanDisk subsidiary... More...>>
08/03/201711:37AMBWWestern Digital Reaffirms Its Commitment to Making Significant Investments in NAND Flash-Memory Joint Ventures, Including Fab...
Western Digital Corp. (NASDAQ: WDC) today commented on its commitment to the success of the three NAND flash-memory joint ventures (“the JVs”) that Western Digital's SanDisk subsidiaries operate with Toshiba Corporation (“Toshiba”). Western Digital stated: Western Digital is steadfast in its commitment to the success... More...>>
08/03/20173:15AMBWCalifornia Court of Appeal Rules in Favor of Western Digital’s SanDisk Subsidiary
Stay of Temporary Restraining Order is Lifted Immediately Western Digital Corp. (NASDAQ: WDC) commented on today’s decision by the California Court of Appeal First Appellate District, which denied Toshiba Corporation’s (“Toshiba”) petition to stay the temporary restraining order (“TRO”) that had been granted... More...>>
08/03/201712:35AMBWWestern Digital Board Declares Dividend for First Fiscal Quarter 2018
Western Digital Corp. (NASDAQ: WDC) today announced that the board of directors declared a cash dividend for the quarter ending Sept. 29, 2017, of $0.50 per share of common stock (the "cash dividend"). The cash dividend will be paid on Oct. 16, 2017, to the company's stockholders of record as of Sept. 29, 2017. The amount... More...>>
07/28/20177:31PMBWWestern Digital Comments on Superior Court of California’s Order
Western Digital Corp. (NASDAQ: WDC) today issued the following statement regarding the order of the Superior Court of California for the County of San Francisco (“the Court”): Following the directive of the Court at the July 14, 2017 hearing, Toshiba has entered into an agreement with Western Digital’s SanDisk subsidiaries... More...>>
07/28/20173:02AMDJNToshiba's Creditors Urge Bankruptcy -- WSJ
By Kosaku Narioka, Takashi Mochizuki and Peter Landers This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July 28, 2017). TOKYO -- A number of creditors and others involved in Toshiba Corp.'s restructuring... More...>>
07/27/20174:10PMBWWestern Digital Announces Financial Results for Fourth Fiscal Quarter and Fiscal Year 2017
Western Digital Corp. (NASDAQ: WDC) today reported revenue of $4.8 billion, operating income of $652 million and net income of $280 million, or $0.93 per share, for its fourth fiscal quarter ended June 30, 2017. The GAAP net income for the period includes charges associated with the company’s recent acquisitions. Excluding... More...>>
07/24/20178:15AMBWWestern Digital Announces Four-Bits-Per-Cell (X4) Technology on 3D NAND
Further Enhances Industry Leadership in Multi-Level Cell StorageBuilds on X4 Expertise in 2D NAND Western Digital Corp. (NASDAQ: WDC) today announced its successful development of four bits per cell, X4, flash memory architecture offering on 64-layer 3D NAND, BiCS3, technology. Building on its pioneering innovation of... More...>>
07/18/201710:30AMBWWestern Digital Sets July 27 for Q4 Fiscal 2017 Financial Results Conference Call/Webcast
Western Digital Corp. (NASDAQ: WDC) today announced that the company plans to release its financial results for the fourth fiscal quarter ended June 30, 2017 after the close of the market on Thursday, July 27, 2017. The investment community conference call to discuss these results will be broadcast live over the Internet... More...>>
07/14/20178:18PMBWWestern Digital’s SanDisk Subsidiaries Obtain Court Protection Against Toshiba in Preliminary Injunction Hearing
Western Digital Corp. (NASDAQ: WDC) today announced that the Court of California for the County of San Francisco (“the Court”) directed Toshiba Corporation (“Toshiba”) not to transfer its interests in its three NAND flash-memory joint ventures (“the JVs”) operated with Western Digital’s SanDisk subsidiaries... More...>>
07/03/201712:05AMDJNToshiba Hasn't Revealed That SK Hynix Could Get Stake in Its Chip Business
By Takashi Mochizuki and Kosaku Narioka in Tokyo and Eun-Young Jeong in Seoul A plan for the sale of Toshiba Corp.'s semiconductor unit includes an option for SK Hynix Inc. to eventually take a minority stake in the business, people involved in the proposed deal say, contradicting Toshiba's public statements... More...>>
06/29/20173:02AMDJNToshiba Sues to Propel Sale -- WSJ
Western Digital stands in the way of the group's effort to unload chip business By Takashi Mochizuki This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the US print edition of The Wall Street Journal (June 29, 2017). TOKYO -- Toshiba Corp.'s future turned... More...>>
06/29/201712:31AMBWWestern Digital Comments on Recent Actions Taken by Toshiba
Reaffirms Commitment to Invest in the JVs, Including Fab 6 Western Digital Corp. (NASDAQ: WDC) today issued the following statement regarding Toshiba Corporation’s (“Toshiba”) recent actions, including its decision to prohibit certain employees from accessing shared databases related to the three NAND flash-memory... More...>>
06/27/20174:55PMBWWestern Digital Announces Industry’s First 96-Layer 3D NAND Technology
Enhances Storage Leadership in 3D NAND Technology Technology and Operational Execution Remains Strong Western Digital Corp. (NASDAQ: WDC), a global data storage technology and solutions leader, today announced that it has successfully developed its next-generation 3D NAND technology, BiCS4, with 96 layers of vertical storage... More...>>
06/27/20178:01AMBWWestern Digital Launches New My Passport™ Ultra Drive to Help Consumers Easily Back Up Their Digital Lives
Western Digital Corporation, (NASDAQ: WDC), a global data storage technology and solutions leader, today expanded its iconic line of WD® brand My Passport portable drives with the redesigned My Passport Ultra drive. In addition to a new metallic look, the drive offers intuitive WD Discovery™ software to help consumers... More...>>
06/26/20174:05PMBWWestern Digital Updates Fourth Fiscal Quarter Outlook and Reiterates Guide for Calendar Year 2017
Western Digital Corp. (NASDAQ: WDC) today updated its expectations for the fourth fiscal quarter of 2017 and reiterated its non-GAAP earnings forecast of approximately $12 per share for calendar year 2017. The company now expects fourth quarter revenue of approximately $4.8 billion, non-GAAP gross margin of approximately... More...>>
06/21/201712:58AMBWWestern Digital Comments on Toshiba’s Announcement Regarding Flash JV Interests
Western Digital Corp. (NASDAQ: WDC) today issued the following statement regarding Toshiba Corporation’s selection of a consortium led by Korea-based SK Hynix Inc. and Bain Capital Japan, with funding provided by Japanese government funds Innovation Network Corporation of Japan and Development Bank of Japan Inc., as... More...>>
06/14/20178:33PMBWWestern Digital’s SanDisk Subsidiaries Seek Injunctive Relief Against Toshiba Corporation in the Superior Court of California
Western Digital Corp. (NASDAQ: WDC) today announced that several of its SanDisk subsidiaries have sought preliminary injunctive relief in the Superior Court of California for the County of San Francisco (“the Court”) preventing Toshiba Corporation (“Toshiba”) from transferring its three NAND flash-memory joint... More...>>
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