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Western Digital Reports Fiscal Third Quarter 2021 Financial Results

Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2021 financial results. "We reported solid results above the guidance range, driven by increasing momentum of our energy-assisted drives and our second-generation NVMe enterprise SSDs, improving NAND flash pricing trends, along with the continued accelerated digital transformation across end markets," said David Goeckeler, Western Digital CEO.

"Western Digital's strengths in technology and cost leadership, expansive product portfolio and broad routes to market are providing a foundation upon which we are solidifying our position as an essential building block of the digital economy. These strengths, combined with our increased operational and strategic focus enabled by our new business unit structure, are driving results. As we continue to face a dynamic environment, we are seeing the benefits of the synergistic value in the breadth of Western Digital's portfolio, and our unique ability to deliver both hard drive and flash solutions to our diverse end-markets and customer base."

SanDisk Outs its First 2-in-1 Flash Drive for Transfers Between iPhone and USB-C Devices

Built for consumers who are searching for a stylish and reliable solution to share content across their compatible devices, including iPhone devices and Mac computers, Western Digital announced today the company's first flash drive with dual Lightning and USB Type-C connectors, the SanDisk iXpand Flash Drive Luxe. With both Lightning and USB Type-C connectors and an all-metal casing, the SanDisk iXpand Flash Drive Luxe provides a sleek way for users to seamlessly access and move files between iPhone, iPad Pro, Mac and other USB Type-C devices, including Android phones.

Western Digital resolves the hassle of moving files between devices with different connectors with the new SanDisk iXpand Flash Drive Luxe. This new flash drive comes with two connectors, which enables a quick move of files, eliminating the need to email content from one device to another in order to upload or save.1 Once files are on the drive, they can be transferred using the high-speed USB 3.0 connector to a USB Type-C-compatible computer. Consumers who want a heightened sense of privacy can password-protect their files and photos with the iXpand Drive app. The app can also be used to free up space on an iPhone or to automatically back up photos, videos, documents and contacts without the hassle of a slow internet connection.2 The drive is available in 64 GB, 128 GB and 256 GB, allowing more space for photos, videos and games.

Kioxia and Western Digital Announce 6th-Generation 162-layer 3D NAND Flash Memory

Kioxia Corporation and Western Digital Corp., today announced that the companies have developed their sixth-generation, 162-layer 3D flash memory technology. Marking the next milestone in the companies' 20-year joint-venture partnership, this is the companies' highest density and most advanced 3D flash memory technology to date, utilizing a wide range of technology and manufacturing innovations.

"Through our strong partnership that has spanned two decades, Kioxia and Western Digital have successfully created unrivaled capabilities in manufacturing and R&D," said Masaki Momodomi, Chief Technology Officer, Kioxia. "Together, we produce over 30 percent of the world's flash memory bits and are steadfast in our mission to provide exceptional capacity, performance and reliability at a compelling cost. We each deliver this value proposition across a range of data-centric applications from personal electronics to data centers as well as emerging applications enabled by 5G networks, artificial intelligence and autonomous systems."

Western Digital Unveils Entry-level WD Green SN350 M.2 NVMe SSDs

Western Digital announced the new WD Green SN350 series of entry-level M.2 NVMe SSDs. These drives are positioned a notch below the WD Blue SN550 (mid-range), while the WD Black SN850 remains the company's current flagship client SSD product. The WD Green SN350 comes in capacities of 240 GB, 480 GB, and 960 GB. The company didn't detail the underlying architecture, but the drive features PCI-Express 3.0 x4 host interface, and likely features a 4-channel controller architecture. It also appears to feature DRAM cache.

All three capacity variants of the WD Green SN350 offer sequential read speeds of up to 2,400 MB/s. The 240 GB variant offers sequential writes of up to 900 MB/s, the 480 GB variant up to 1,650 MB/s, and the 960 GB variant up to 1,900 MB/s. The company didn't detail the NAND flash type, or endurance numbers. It's backing these drives with 3-year warranties. The 240 GB variant is priced at USD $43.99, the 480 GB variant $54.99, and the 960 GB variant $99.99.

Western Digital Releases SanDisk Apex Legends Memory Card for Nintendo Switch

Western Digital has teamed up with Respawn Entertainment to create an Apex Legends -themed memory card for the Nintendo Switch, offering gamers and contenders across the Outlands expanded storage solutions just in time for the universally acclaimed battle royale game to drop into the Nintendo eShop next month.

Featuring the distinctive Apex Legends insignia, players can squad up and battle for glory with the microSDXC card which offers up to 128 GB of expanded storage. Whether it's existing fans who want to ready themselves to jump into the action, or new players looking to compete in the Apex Games for the first time, this microSDXC card ensures any gamer is equipped with the additional space they need to take on more adventures or challenges on their Nintendo Switch system.

Western Digital Reports Fiscal Second Quarter 2021 Financial Results

Western Digital Corp. (Nasdaq: WDC) today reported fiscal second quarter 2021 financial results. "The team delivered solid results this quarter, especially as we continue adapting our business and technology portfolio to take advantage of the immense opportunities in the storage industry," said, David Goeckeler, Western Digital CEO. "During the quarter, we captured strength in the retail business and also delivered on our target outcome to complete qualification of our energy-assisted hard drives and second-generation enterprise SSD products with some of the world's largest data center operators. While there is still more work to be done, we remain extremely focused on meeting the needs of our customers and ramping our next-generation products throughout calendar 2021."

In the fiscal second quarter of 2021, Western Digital's revenue decreased 7% year-over-year to $3.9 billion. The decrease is largely attributable to a decline in our Data Center Devices & Solutions end market, more than offsetting growth in Client Devices and Client Solutions.

Western Digital Delivers Unmatched Line Up of New High-Capacity Portable SSDs

Western Digital Corp. today announced it's now delivering 4 TB portable SSDs across its consumer brand portfolio. Giving consumers and professionals more space to create, the new drives are built to keep up with today's high-quality content demands. The four drives now offer gamers, content creators, enthusiasts and creative professionals the performance, durability and greater capacity they need to capture, move and save their files.

"This milestone allows us to deliver a new era of solutions with the capacity and performance our customers have been asking for. Our consumer brand products are used by millions of professionals and consumers around the world, and we continue to drive technology forward to deliver the performance, reliability and leading products they demand," said Jim Welsh, senior vice president and general manager of Consumer Solutions Products, Western Digital.

NAND Flash Revenue for 3Q20 up by Only 0.3% QoQ Owing to Weak Server Sales, Says TrendForce

Total NAND Flash revenue reached US$14.5 billion in 3Q20, a 0.3% increase QoQ, while total NAND Flash bit shipment rose by 9% QoQ, but the ASP fell by 9% QoQ, according to TrendForce's latest investigations. The market situation in 3Q20 can be attributed to the rising demand from the consumer electronics end as well as the recovering smartphone demand before the year-end peak sales season. Notably, in the PC market, the rise of distance education contributed to the growing number and scale of Chromebook tenders, but the increase in the demand for Chromebook devices has not led to a significant increase in NAND Flash consumption because storage capacity is rather limited for this kind of notebook computer. Moreover, clients in the server and data center segments had aggressively stocked up on components and server barebones during 2Q20 due to worries about the impact of the pandemic on the supply chain. Hence, their inventories reached a fairly high level by 3Q20. Clients are now under pressure to control and reduce their inventories during this second half of the year. With them scaling back procurement, the overall NAND Flash demand has also weakened, leading to a downward turn in the contract prices of most NAND Flash products.

SanDisk Japan Branding Integrated with Western Digital

SanDisk Corporation, a Japanese corporation of Western Digital Corporation, changed its organization from the current corporation to a limited liability company on January 1, 2021. SanDisk has decided to change its name to Western Digital. This will change the new trade name to Western Digital GK. New trade name: Western Digital Limited Liability Company, English name: Western Digital GK, Scheduled change date: January 1, 2021.

Western Digital offers NAND flash memory products and HDDs (hard disk drives) at the top level of multiple brand products such as WD and SanDisk brands, from consumers to enterprises and large-scale data centers. We provide total storage solutions developed and mass-produced at. Among them, SanDisk Co., Ltd. has been in charge of the flash memory business, but with this change of trade name, it has become clearer that it is a Western Digital Group, making quicker decisions than ever before, and domestic customers and We aim to create a corporate structure that can further contribute to our business partners.

Update 10:27 UTC: Western Digital reached out to us and clarified that this organizational change only pertains to the Japanese entity of Western Digital changing its name from SanDisk Corporation to Western Digital GK. SanDisk Corporation (the Japanese entity) is 100% a subsidiary of Western Digital Corporation. Globally, there have been no changes announced for the SanDisk brand, and existing SanDisk products will continue to carry the brand.

Western Digital Launches Call of Duty Black Ops Cold War Branded Gaming Storage

Western Digital is working with Call of Duty to reimagine three high-performance products from the WD_BLACK portfolio, bringing gamers three special edition storage drives that encapsulate the Call of Duty: Black Ops Cold War look and feel with the added bonus of in-game Call of Duty points.1 These three products include the WD_BLACK P10 Game Drive, WD_BLACK P50 Game Drive SSD and the recently announced WD_BLACK SN850 NVMe SSD featuring PCIe Gen 4 technology.

"We are excited that this collaboration with Call of Duty gives us the opportunity to bring these limited edition specially designed drives to their passionate fans," said Jim Welsh, Senior Vice President of Consumer Solutions at Western Digital. "We know gamers are exceptionally serious when it comes to their gameplay, so we created optimized storage solutions that enable them to keep up with the immersive Call of Duty experience."

Western Digital Announces DC ZN540 NVMe SSD, 2TB Variant of WD Blue SN550

Building on a unique and diverse product portfolio across HDD and flash, Western Digital today announced a suite of new NVMe SSDs for enabling next-generation, data-centric architectures for data centers, industrial IoT, automotive and client applications. The new family includes the Ultrastar DC ZN540 ZNS NVMe SSD for designing a more efficient data center storage tier with competitive TCO; the Western Digital IX SN530 Industrial SSD for the extreme environments of industrial and automotive applications; and the 2 TB WD Blue SN550 NVMe SSD for speeding up PC performance. Leveraging Western Digital's unique vertical integration capabilities - from designing and manufacturing its NAND flash to developing its own in-house SSD controllers and firmware - the new products underscore the company's continued strength and commitment in driving storage innovation for new system architectures, applications and use cases for global customers across cloud, OEM, enterprise, channel and retail end-user markets.

The amount of data created over the next three years will be more than the data created over the past 30 years, according to IDC. Billions of connected systems will generate a myriad of contextualized data sets from smart video to consumer and sensor data, which must be captured, transformed and analyzed to bring value to industries, businesses and people. Legacy architectures cannot keep up with today's data-intensive environments. The challenge is how to efficiently and cost-effectively build the data infrastructure that will keep up with data demands of the zettabyte-scale era. Storage is critical and fundamental to creating these new architectures and extracting value from data.

Seagate: 20 TB HAMR Drives Arrive in December, 50 TB Capacities in 2026

In its latest earnings call, Seagate, a manufacturer of high-capacity drives, has revealed several interesting points about its upcoming releases of next-generation hard drives. More specifically, the company has disclosed a shift to a new generation of HDDs based on so-called heat-assisted magnetic recording (HAMR) technology. This technology is set to bring many improvements compared to the one currently used by Seagate's rivals like Western Digital. The rivaling company uses energy-assisted perpendicular magnetic recording (ePMR) and microwave-assisted (MAMR) technologies and it already has a 20 TB drive in the offering. Seagate announced that they will unveil a 20 TB HDD in December this year, with the use of HAMR technology, which will bring many improvements like better speed and more efficient disk read/write.

"We remain on track to ship 20-TB HAMR drives starting in December, which is an important milestone, as we believe HAMR technology will be the industry's path to scaling a real density and increasing drive capacities," said Dave Mosley, CEO of Seagate. "Seagate will be the first to ship this crucial technology with a path to deliver 50-TB HAMR drives forecast in 2026."

Western Digital and Dropbox Announce Partnership, Qualification of Ultrastar 20TB SMR HDDs

Empowering the world's most essential data infrastructures, Western Digital Corp. today announced that Dropbox Inc., a leading global collaboration platform, is one of the first to qualify the Ultrastar DC HC650 20 TB, host-managed, shingled magnetic recording (SMR) hard disk drives (HDD). With Western Digital SMR HDDs serving as the storage foundation for its custom-built, multi-exabyte storage platforms, Dropbox continues its strategic path, taking advantage of the highest storage densities with the lowest TCO without sacrificing data durability and availability for its 600 million+ online customers.

"We've been working with Western Digital for many years, and throughout several phases of our storage platform development," said Andrew Fong, vice president of engineering, Dropbox. "Online tools and services are more important than ever before, so we need to be able to quickly innovate, expand functionality and scale to help stay competitive. We look forward to deploying these higher capacity 20 TB SMR hard drives to further our cost savings and to provide our customers with even more value. Western Digital is an important strategic partner and we look forward to continuously pushing cloud infrastructure boundaries together."

Razer Announces Expansion to Many More Gaming Peripheral Segments at RazerCon 2020

Razer, the leading global lifestyle brand for gamers, made October 10, 2020 a day to remember for the global gaming community. Fans across the world tuned in to the inaugural RazerCon to watch Razer CEO Min-Liang Tan's live mixed-reality keynote - a one-of-a-kind interactive session hosted against the iconic Singapore skyline. This was followed by Razer panels on new and unannounced products, and exclusive content showcases and giveaways from game studios such as Romero Games, Perfect World Entertainment, Paradox Interactive and technology partners such as Intel, NVIDIA and Western Digital.

The event was a huge hit with the fans, peaking at over 1 million concurrent viewers with a total of more than 250,000 hours viewed and 175 million impressions across Twitter, Facebook, YouTube, and Twitch. In a true celebration of all things gaming, highly decorated veterans of the industry, including Brenda and John Romero, and Haz Dullul, presented their newest projects, whilst leading gaming celebrities CloakZy, CourageJD, PaladinAmber and many others engaged with the community during their sessions.

Western Digital Announces Next-Gen WD_Black Gaming Storage Portfolio

Western Digital Corp. is helping gamers enhance their setups and adapt to the evolving gaming landscape heralded by the next generation of games with today's introduction of three new and upcoming products for its WD_BLACK portfolio of storage solutions. These include its first NVMe solid-state drive (SSD) with next-gen PCIe Gen 4 technology, a fully bootable Gen3 x8 add-in-card and a Thunderbolt 3-powered NVMe SSD gaming dock, each offering eye-catching RGB lighting options.

"As game developers move towards creating immersive titles that require higher performance, consumers need to equip themselves with the best tools to stay up-to-speed," said Jim Welsh, senior vice president, Consumer Solutions, Western Digital. "Innovative, high-performance storage solutions are essential to keep up with this ever-changing landscape. Our latest WD_BLACK products have been purpose-built to allow gamers to meet the increasingly high standards of future games and gaming platforms. We've optimized these products to not only provide more storage for gamers but to elevate the gaming experience as a whole."

Western Digital Teases Next-Generation WD_Black Gaming-grade Storage

Western Digital announced a media event dated October 8, 2020, in which it's expected to announce the next generation of WD_Black line of gaming-grade storage products. Over the years, the WD_Black brand evolved from representing the company's fastest client-segment hard drives to gaming-grade client-segment products, including the company's fastest internal NVMe SSDs, external SSDs for game consoles, and fast external HDDs. Western Digital is expected to unveil its next-generation WD_Black NVMe SSD succeeding the SN750, which could possibly leverage PCI-Express Gen 4. We know this from the three motifs in the teaser image, which denote a desktop PC, notebook, and a console. The media event will be livestreamed on Twitch.

SanDisk Announces Extreme Portable Line of SSDs

Western Digital Corp. today released two new SanDisk portable SSDs that offer nearly 2x the speed over previous generations. The SanDisk Extreme and SanDisk Extreme PRO portable SSDs are purpose-built to keep up with today's high-quality content demands. Professional photographers, videographers and enthusiasts capture and keep life's best moments every day and they need reliable solutions that perform on the move at astonishing speeds.

With capacities up to 2 TB, the new NVMe drives are perfect for creating amazing content or capturing and moving incredible 4K and 8K footage with ease. The flagship SanDisk Extreme PRO portable SSD features a forged aluminium chassis made to stay cool under the pressure of a heavy workload and a durable silicone design to withstand the rigors of production. The drives also help keep content safe with password protection and an upgrade to 256-bit AES hardware encryption.

Western Digital Expands WD Purple Line of Surveillance Storage Solutions

Enabling customers to design and build solutions for a variety of smart video workloads, Western Digital Corp. (NASDAQ: WDC) today announced its expanded family of WD Purple storage solutions, including the industry's highest capacity 18 TB surveillance HDD for DVRs, NVRs and analytics appliances, and the 1 TB WD Purple SC QD101 microSD card for AI-enabled cameras. Setting the bar for smart video applications, all WD Purple drives are optimized to help reduce frame loss and pixelation, improve overall video playback and enhance streaming for 24x7 workloads - from ingest to backup and long-term storage - as the industry broadens the use of deep learning and analytics.

From commercial buildings to municipalities, businesses are accelerating adoption of AI and deep learning to enable automation and better efficiencies that ultimately help create a safer and better experience for employees, customers and communities. Deep learning algorithms, hungry for data generated by IoT and edge ecosystems, demand higher resolution for better accuracy, increasing the need for storage capacity in cameras and NVRs. In its recent report, Video Surveillance & Analytics Intelligence Service, July 2020, Omdia states that shipments of cameras enabled with deep learning algorithms will continue growing at a five-year (2019-2024) CAGR of 67 percent, and NVRs enabled with deep-learning analytics will grow at 37 percent. Meanwhile, video analytics appliances shipments are expected to grow at 43 percent. In addition, a 2020 Western Digital-commissioned survey of North American security system integration companies found that 76 percent of them see video analytics and AI as playing an ever-increasing role in their deployments.

Western Digital Aligns Product Strategy With New Flash and HDD Business Units

Western Digital Corp. today announced a significant step in the ongoing implementation of its diversified storage portfolio strategy by forming separate product business units for its Flash and HDD technology assets. The Flash business and the HDD business will each be led by a general manager and will align the company's diversified portfolio to an acceleration strategy designed for growth, profitability and development agility. By delivering both Flash and HDD market-leading innovation through highly focused product development organizations, Western Digital's strategy positions the company to leverage its strong go-to-market and operational synergies and uniquely address broad customer storage needs from edge devices to cloud infrastructure.

Also today, Western Digital announced the appointment of Robert Soderbery as executive vice president and general manager of its new Flash business unit. A thirty-year technology and business veteran, Soderbery is responsible for all Flash portfolio strategy, product development and business results and will lead engineering and product management teams focused on delivering the company's Flash innovation. The company confirmed an executive search is underway for a general manager who will lead its HDD product business.

Western Digital Sets a New Standard in Data Protection with Ground-Breaking ArmorLock Security Platform

Underscoring its mission to enable the world to solve its biggest data challenges by building a data infrastructure with next-gen security, Western Digital (NASDAQ: WDC) today introduced the ArmorLock Security Platform. A data encryption platform that rethinks how data security should be done, the ArmorLock Security Platform was created to help with the diverse security demands of data-centric and content-critical storage use cases in industries as varied as finance, government, healthcare, IT enterprise, legal, and media and entertainment. As data security concerns continue to rise in visibility, Western Digital plans to apply the platform across a range of storage solutions.

The first product to leverage this advanced technology, the new G-Technology ArmorLock encrypted NVMe SSD, is designed to deliver an easy-to-use, high-performance, high-grade security storage solution for creators in the media and entertainment industry. Facing the threat of hijacked media files and leaked films, studios, agencies, and especially investors are demanding a better way to protect critical content. While much of the industry's focus has been on cloud security, data often remains vulnerable on the portable storage devices holding critical commercial content.

NAND Flash Revenue Rises 6.5% QoQ in 2Q20 Due to Pandemic-Induced Demand Growth for Cloud Services, Says TrendForce

The NAND Flash industry benefitted from strong demand for PCs and servers in 2Q20 as the COVID-19 pandemic caused a demand surge for cloud services and technologies that are related to working from home, according to TrendForce's latest investigations. This, in turn, kept demand high for SSDs. However, the smartphone and consumer electronics markets had not recovered from the impact of the pandemic. The demand for these products therefore declined compared to the previous quarter. In 2Q20, total NAND Flash bit shipment and ASP both experienced a minor increase of about 3% QoQ, while NAND Flash revenue reached US$14.5 billion, a 6.5% increase QoQ.

Western Digital Announces My Passport SSD

For consumers who need to accelerate their productivity and protect their valuable content without compromising style, Western Digital Corp. today introduced the new WD brand My Passport SSD in capacities up to 2 TB. With a sleek, compact metal design and blazing fast speeds powered by NVMe technology, the new palm-sized drive allows home and business users to save, access and protect the content that matters.

"The new My Passport SSD delivers the speed, reliability and functionality consumers have come to expect from us," said Susan Park, vice president, Consumer Solutions, Western Digital. "It is a powerful and sophisticated solution for the everyday content creators, curators and hobbyists who need to move files quickly. The rounded corners, waving ridges and soft edges enhance the My Passport SSD's portability and make it easy to carry, yet also distinctly recognizable as a member within WD's award-winning My Passport product line-up."

SiFive Secures $61 Million in Series E Funding Led by SK Hynix

SiFive, Inc., the leading provider of commercial RISC-V processor IP and silicon solutions, today announced it raised $61 million in a Series E round led by SK hynix, joined by new investor Prosperity7 Ventures, with additional funding from existing investors, Sutter Hill Ventures, Western Digital Capital, Qualcomm Ventures, Intel Capital, Osage University Partners, and Spark Capital.

"Global demand for storage and memory in the data center is increasing as AI-powered business intelligence and data processing growth continues", said Youjong Kang, VP of Growth Strategy, SK hynix. "SiFive is well-positioned to grow with opportunities created from data center, enterprise, storage and networking requirements for workload-focused processor IP."

Western Digital Reports Fourth Quarter and Fiscal Year 2020 Financial Results

Western Digital Corp. (Nasdaq: WDC) today reported fourth quarter and fiscal year 2020 financial results. "I am extremely proud of the way our team has navigated the complexities and uncertainties inherent in this unprecedented environment, as we continue to adapt to provide supply continuity and high-quality products to our customers and drive value for our shareholders," said David Goeckeler, Western Digital CEO. "While we continue to navigate through a dynamic environment, we remain focused on managing the business for the long-term, including ramping two important product lines to high volume: our SSD products and our energy-assisted capacity enterprise drives. We will continue to deliver the quality, performance and cost-effectiveness our customers rely on, and I am confident that our end market diversity and breadth, broad customer base, channel reach, and innovative leadership all position Western Digital to benefit from the multi-year growth in data creation and storage."

In the fourth quarter of fiscal 2020, Western Digital's revenue increased 18% year-over-year to $4.3 billion, led by strength within Data Center Devices & Solutions and Client Devices end markets.

Western Digital Announces 18TB Variants of G-Technology G-DRIVE, G-RAID, and G-SPEED

Western Digital announced it is extending the industry's highest capacity Ultrastar HDDs to a selection of its G-Technology products, empowering professionals with powerful, ultra-reliable solutions to manage massive volumes of content for optimized creative workflows. A first for the consumer and professional markets, the 18 TB enterprise-class Ultrastar drives are available in three G-Technology brand product families, including G-DRIVE, G-RAID with Thunderbolt 3, G-SPEED Shuttle with Thunderbolt 3 and G-SPEED Shuttle XL with Thunderbolt 3.

The commercially available enterprise-class 18 TB Ultrastar HDDs deliver the industry's highest areal density by leveraging innovative new technologies including Energy-Assisted Magnetic Recording technology, the industry's first Triple Stage Actuator, and a 9-disk HelioSeal platform. The powerful 7,200 RPM drives come with a 2.5M hours MTBF rating and a 5-year limited warranty.
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