Western Digital to Provide Strategic Update at 2016 Investor Day
07 December 2016 - 12:00AM
Business Wire
Company Will Underscore Strength of
Differentiated Platform and Business Model; Demonstrate Products
and Technologies to Address Continued Data Growth
Western Digital Corp. (NASDAQ: WDC), a world leader in storage
technologies and solutions, will hold its Investor Day today, where
senior leadership will detail progress of the company’s ongoing
transformation, strategy and business model to address unabated
data growth with its unique and differentiated platform. The
company will also demonstrate new flash- and disk-based
technologies and products at the event, including a 12TB Helium
HDD, high-performance SSDs for data center applications and a 256GB
commercial microSD card using 3D NAND. The presentations will be
webcast live and a recorded archive will be available beginning
later in the day on December 6 at investor.wdc.com.
Western Digital has leveraged the strengths and resources of
legacy HGST, SanDisk® and WD® to create a powerful platform for
growth and long-term industry leadership. The strategic platform is
aligned with the company’s vision for the continued, rapid
expansion of the data ecosystem and the increasingly valuable role
data plays for both businesses and consumers. With leading
portfolio breadth and capabilities across the full spectrum of
flash- and disk-based technologies, Western Digital is uniquely
positioned to deliver the possibilities of data. The company
continues to drive leading innovation across the storage ecosystem,
from advanced flash and HDD technologies to a broad spectrum of
client devices and solutions, as well as powerful systems for
cloud-scale data centers.
“We are pleased to host the investment community for a strategic
update on our core business and growth opportunities, and for a
discussion on how we continue transforming our capabilities to
expand our strategic role in the storage ecosystem,” said Steve
Milligan, CEO, Western Digital. “Western Digital has built a
powerful strategic platform with growth drivers and unique
competitive advantages that will allow us to expand the value we
deliver to customers and strengthen our long-term leadership
position in the storage industry.”
Today the company will reiterate that its transition to 3D NAND
technology continues to progress as planned. SanDisk Edge™, a
commercial grade microSD™ card leveraging 3D NAND storage
technology will be displayed at the event and is currently shipping
to OEM customers worldwide in capacities up to 256GB. The card is
designed for OEM use in surveillance and dash cameras, drones and
other commercial applications requiring the higher capacities 3D
NAND technology helps enable, and can store nearly 60 hours of Full
HD video.
In a separate announcement, the company introduced new
high-performance SSDs for the data center, as well as new HDD
device capacities. Achieving random-read performance of up to 1.2
million IOPS, the HGST-branded Ultrastar® SN200 Series NVMe PCIe
SSD, as well as the company’s fastest and highest capacity SAS SSD
to date, the 7.68TB HGST-branded Ultrastar SS200 SAS SSD, are
currently shipping to select OEM customers. For the capacity data
center market, the company is now sampling its new, helium-filled
12TB HGST-branded Ultrastar He12 PMR hard drive with select cloud
and hyperscale customers. In addition, the company will be
extending its helium-based lineup with a 14TB model, which deploys
Shingled Magnetic Recording (SMR) technology to achieve the new
maximum capacity. The 14TB drive is currently being sampled with
select customers. More than 12 million HelioSeal™ helium hard
drives have been shipped to date.
Leveraging the company’s unique expertise in high-performance,
high-capacity flash technologies, the company also revealed in a
separate announcement a new, ultra-performance flash platform
technology. For “fast data” cloud-scale applications and utilizing
industry-standard NVMe SSDs connected to multiple servers via PCIe
in a 2U rack, Western Digital has achieved 18 million IOPS – the
highest performance per rack unit in the industry. The company said
this all-flash platform would be made available in the first half
of calendar 2017.
About Western Digital
Western Digital is an industry-leading provider of storage
technologies and solutions that enable people to create, leverage,
experience and preserve data. The company addresses ever-changing
market needs by providing a full portfolio of compelling,
high-quality storage solutions with customer-focused innovation,
high efficiency, flexibility and speed. Our products are marketed
under the HGST, SanDisk and WD brands to OEMs, distributors,
resellers, cloud infrastructure providers and consumers. Financial
and investor information is available on the company's Investor
Relations website at investor.wdc.com.
© 2016 Western Digital Corporation or its affiliates. All rights
reserved. Western Digital, WD, SanDisk, HelioSeal, SanDisk Edge and
Ultrastar are registered trademarks or trademarks of Western
Digital Corporation or its affiliates in the US and/or other
countries. microSD is a trademark of SD-3C, LLC. All other marks
are the property of their respective owners.
One GB is equal to one billion bytes and one TB equals 1,000 GB
(one trillion bytes). One PB is equal to 1,000 TB (one quadrillion
bytes). Actual capacity will vary depending on operating
environment and formatting. Usable capacity will vary from the raw
capacity due to object storage methodologies and other factors.
Forward-Looking Statements
This news release contains certain forward-looking statements,
including statements related to HDD, SSD and 3D NAND technologies,
including development, capabilities and capacities, performance
improvements, transition to 3D NAND technology, applications,
timing and availability of products, commercial volume production,
and customer product sampling and shipment. There are a number of
risks and uncertainties that may cause these forward-looking
statements to be inaccurate, including, among others: volatility in
global economic conditions; business conditions and growth in the
storage ecosystem; impact of competitive products and pricing;
market acceptance and cost of commodity materials and specialized
product components; actions by competitors; unexpected advances in
competing technologies; our development and introduction of
products based on new technologies and expansion into new data
storage markets; risks associated with acquisitions, mergers and
joint ventures; difficulties or delays in manufacturing; and other
risks and uncertainties listed in the company’s filings with the
Securities and Exchange Commission (the “SEC”), including the
company’s Form 10-Q filed with the SEC on Nov. 8, 2016, to which
your attention is directed. The company undertakes no obligation to
update the information in this release in the event facts or
circumstances change after the date of this release.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161206005380/en/
Western Digital Corp.Media Contact:Jim Pascoe,
408-717-6999jim.pascoe@wdc.comorInvestor Contact:Bob Blair,
949-672-7834robert.blair@wdc.com
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