Western Digital Hard Disk Drives

Western Digital Corporation is a leading American data storage company, founded in 1970 and headquartered in San Jose, California. It specializes in manufacturing hard disk drives (HDDs) and other storage solutions. The company operates globally, with manufacturing facilities in multiple countries. As of 2024, Western Digital reported a 38% year-on-year increase in cloud market revenue, reaching $2.01 billion, accounting for 87% of its total revenue. In 2025, the company projected stronger-than-expected fourth-quarter results, attributing the growth to sustained demand for its storage devices from cloud service providers. This demand surge is fueled by the expansion in cloud computing and AI technologies, leading to increased investments in data centers reliant on memory chips supplied by companies like Western Digital. In March 2024, Western Digital announced plans to spin off its flash memory business into a separate publicly traded entity, with the separation expected to be completed in the second half of 2024. This decision followed unsuccessful merger talks with Japan's Kioxia. The split aims to address years of uncertainty surrounding Western Digital's flash memory division, which has been integral to the smartphone and computer industries since its $19 billion acquisition of SanDisk in 2016. The HDD business will retain the Western Digital name, while the flash memory business will operate under the SanDisk name. The spin-off is expected to provide greater focus and flexibility for both businesses, allowing them to better serve their respective markets and customers.