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The move clears years of uncertainty over Western Digital's flash memory unit that was built through its $19 billion purchase of SanDisk in 2016 and caters to the smartphone and computer industries.
In the October earnings call, Western Digital announced it would spin off its flash memory business, effectively reversing the SanDisk merger by the second half of 2024. [ 64 ] On May 16, 2024, Western Digital announced the world's first 6 TB external hard disk drive in 2.5 inch form factor.
The company was founded in 1988 as SunDisk Corporation and renamed in 1995 as SanDisk Corporation; [2] then renamed to SanDisk LLC in 2016 when it was acquired by Western Digital. [3] The company changed its name back to Sandisk Corporation (now with the lowercase "D"), as the result of the planned spin-off from Western Digital, that will occur ...
Western Digital-branded successors are 3.5-inch variants of WD Blue and Black HDDs, and for Deskstar NAS drives also WD Red. Travelstar – Mobile-class line in 2.5-inch form factor with SATA interfaces. Phased out after discontinuation of HGST brand. Western Digital-branded successors are 2.5-inch variants of WD Blue and Black HDDs.
Bain Capital is in talks with SK Hynix to restart negotiations to merge memory chip makers Western Digital and Japan's Kioxia Holdings, Kyodo newswire reported on Saturday, citing unidentified ...
TOKYO (Reuters) -Kioxia Holdings's lenders are planning to refinance 2 trillion yen ($13.5 billion) in loans to support its potential merger with Western Digital's flash memory business, Bloomberg ...
Western Digital used (and still uses) Kioxia's facilities for making its own flash memory chips. [15] [16] On August 30, 2019, the company announced that it signed a definitive agreement to acquire Taiwanese electronics manufacturer Lite-On's SSD business for US$165 million. [17] The acquisition closed on July 1, 2020. [18]
TOKYO (Reuters) -Merger talks between Western Digital and Japan's Kioxia Holdings have stalled, two sources said on Friday, as opposition from Kioxia investor SK Hynix has complicated the on-again ...