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Western Digital Corporation Board Convenes In China

Discussion in 'News' started by btarunr, Sep 18, 2013.

  1. btarunr

    btarunr Editor & Senior Moderator Staff Member

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    Western Digital Corp. (NASDAQ: WDC) announced today that its board of directors met in China, concluding two days in Beijing. The board is next traveling to Shenzhen SEZ, Guangdong Province, for site visits and additional meetings. "China is both a very important market for Western Digital as well as a key manufacturing base," said Steve Milligan, president and chief executive officer, Western Digital Corporation. "As China further develops its technology industries, we look forward to expanding our relationships with a wide range of Chinese entities for the benefit of our shareholders, as well as our Chinese partners."

    Over the course of its two days in Beijing, the board discussed China's development and future trends with a diverse group of Chinese and international experts. A highlight of the Beijing portion of the visit was a meeting with Chinese Vice Premier Wang Yang. "The board is extremely impressed by China's growth and development plans, as explained by the Vice Premier, and appreciative of the support the Chinese government has extended to Western Digital Corporation in this exciting market," said Western Digital board chairman, Thomas E. Pardun. Pardun also added that it was important for the board to see firsthand Western Digital's operations in this key economy.

    U.S. Ambassador to China Gary Locke hosted the board of Western Digital at a reception at his residence in Beijing. Former Secretary of State Madeleine Albright accompanied the board to Beijing and all of its activities on behalf of Albright Stonebridge Group. The board will continue its discussions while in Shenzhen, the location of key HGST manufacturing facilities. HGST is a wholly owned subsidiary of Western Digital. The board looks forward to key site visits as well as the opportunity to call on officials of the Shenzhen Municipal Government.
     
  2. kn00tcn

    kn00tcn

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    "Western Digital Corp. (NASDAQ: WDC) announced today that its board of directors met in China, concluding two days in Beijing. The board is next traveling to Shenzhen SEZ, Guangdong Province, for site visits and additional meetings"

    :respect: press releases are getting weird
     

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