Western Digital "Flash Business Division Separated... Will Focus on HDD"

Western Digital, a U.S. semiconductor company, announced that it will complete the separation of its flash business unit and focus on securing hard disk drive (HDD) technology.



On the 24th (local time), Irving Tan, CEO of Western Digital, posted an article titled "The Future of HDDs Begins Now" on the company blog.



Irving Tan, CEO of Western Digital. [Photo = Western Digital]



In the article, CEO Tan wrote, "As the development of artificial intelligence (AI) accelerates, it is affecting the entire industry, and as companies create and store more data, HDD exabyte shipments are expected to increase." He continued,



"Western Digital is preparing to effectively continue capacity expansion as the industry transitions to heat-assisted magnetic recording (HMR) technology."



CEO Tan also said, "We are seeking growth opportunities that utilize our core competencies of magnetism and material science beyond HDDs," and "Our executives and employees are focused on providing the best products to customers under one goal."



Western Digital has been operating two businesses, HDD and flash, but decided to separate the businesses in 2022 at the request of private equity fund Elliott Management.



At the time, Elliott argued for a separation of the businesses, saying, "Management resources are divided into HDD and NAND flash, and the original corporate value cannot be realized." There is



also a possibility of a merger between Western Digital's separated flash business and Japan's Kioxia. Kioxia was listed on the Tokyo Stock Exchange in December of last year, and its market capitalization is approximately 1.3 trillion won as of that day.





https://www.inews24.com/view/blogger/1818041

Comments

Post a Comment

Popular posts from this blog

Livestock Manure Methane Is Soaring, But ‘Resource Recovery’ Isn’t Working [Now is a Climate Crisis]

Image
It has been pointed out that the methane emissions from the livestock waste treatment process were actually reported to be 2.5 times smaller than the previous calculation standards. It is expected that livestock waste will increase rapidly in the future, but an analysis report has been released that 'biogasification', which turns it into a resource, is only at the 10% level. It is urgent to come up with countermeasures as methane, one of the greenhouse gases, is expected to increase rapidly. According to the analysis of the entire livestock waste treatment process for the first time in Korea, the largest source of methane emissions was pigs (73%), and only 14% of pig waste was used for biogas in the public sector. It has been pointed out that it is urgent to come up with countermeasures as methane from livestock waste is increasing rapidly but 'resource conversion' is insufficient. [Photo = Climate Solution] About half of domestic methane...
Read more

KT-MS, 'Super Cooperation' to Improve Korea's AI Capabilities... "Providing AI Education to All Citizens" (Comprehensive)

Image
KT and Microsoft (MS) are going beyond corporate partnerships to engage in hyper-collaboration to enhance Korea's artificial intelligence (A)I capabilities. The plan is to provide AI education to all citizens interested in AI and contribute to improving the level of "national AI literacy" (the ability to understand and utilize AI technology). KT CEO Kim Young-seop (left) and Microsoft CEO and Chairman of the Board Satya Nadella pose for a commemorative photo after meeting at KT's Gwanghwamun office on the 25th. [Photo = KT] First official meeting of the two companies' CEOs in Korea···Discussion of plans to promote AX in Korea On the 26th, KT announced that KT CEO Kim Young-seop and Microsoft CEO and Chairman of the Board Satya Nadella met and exchanged opinions on accelerating the industry's AX (AI transition). The explanation is that they discussed agenda items that will help strengthen the country's AI competitivenes...
Read more

"TSMC to have 2nm line with monthly production capacity of 50,000 sheets by year-end"

Image
There is a report that TSMC, the world's largest foundry, is expected to have a 2nm process line capable of producing around 50,000 sheets per month by the end of this year. TSMC [Photo = TSMC] Taiwanese economic media Commercial Times reported on the 24th (local time) that TSMC's 2nm process production capacity could reach 50,000 sheets per month by the end of the year, and could increase to 80,000 sheets once the Baoshan and Kaohsiung factories are fully operational. TSMC's Baoshan factory is scheduled to receive its first order for the second half of this year from April 1, and its Kaohsiung factory in southern Taiwan is also reported to hold an expansion ceremony on the 31st. Kuo Ming-chi, an analyst at TF International, claimed via X (formerly Twitter) that "TSMC's 2nm trial production yield had already reached 60-70% three months ago, and is now well above that." TSMC has already secured an overwhelming share of th...
Read more