Western Digital news

Western Digital

Western Digital is considering options to separate its flash memory and hard drive businesses. Earlier, activist fund Elliott Management announced the acquisition of 6 percent of the company and called for a spin-off of the flash memory business. Elliott is willing to invest more than $1 billion in the business.

Western Digital

Western Digital's GAAP net income for 9 months of fiscal year 2022 was $25 million, down 7.88 times from $197 million the year before. Revenue increased 5.9% to $4.381 million from $4.137 million a year earlier.

Western Digital

Western Digital's GAAP net income for 6 months of fiscal year 2022 was $1.174 billion, up several times from $0.002 billion in the prior year. Revenue increased 25.7% to $9.884 billion from $7.865 billion a year earlier.

Western Digital

Western Digital's GAAP net income for 3M 2022 fiscal year was $610 mln, compared to a loss of $60 mln in the previous year. Revenue increased 28.8% to $5.051 billion from $3.922 billion a year earlier.

Western Digital

Western Digital is in talks to merge with Kioxia, which makes NAND flash memory chips used in smartphones, computer servers and other devices, sources told The Wall Street Journal. The deal could be worth $20 billion.

Western Digital

Western Digital reported GAAP net income of $821 million for fiscal 2021, up from a loss of $250 million the year before. Revenue increased 1.1% to $16.922 billion from $16.736 billion a year earlier.

Western Digital

Western Digital' GAAP net income for 9 months of fiscal year 2021 was $199 million, compared to a loss of $398 million in the previous year. Revenue decreased 3.6% to $12.002 billion from $12.449 billion a year earlier.

Western Digital

Western Digital and Micron are preparing offers to buy Japanese semiconductor maker Kioxia Holdings, which is preparing to go public in late 2021, sources told the Wall Street Journal. The company is valued at $30 billion.

Western Digital

Western Digital's GAAP net income for the 6 months of fiscal year 2021 was $2 million, compared to a loss of $415 million the year before. Revenue decreased 4.9% to $7.865 billion from $8.274 billion a year earlier.

Western Digital

Western Digital's loss under GAAP for 3 months of fiscal 2021 was $60 million, which is 4.6 times lower than the $276 million recorded in the previous year. Revenue decreased by 2.9% to $3.922 billion from $4.04 billion a year earlier.