Category Archives: Western Digital Corp.

Western Digital Corp. – Key Employees

Name

Job Title

Board

Compensation

John F Coyne

President and Chief Executive Officer

Executive Board

7651246 USD

Thomas E Pardun

Chairman

Non Executive Board

324845 USD

Peter D Behrendt

Director

Non Executive Board

269845 USD

Kathleen A Cote

Director

Non Executive Board

292345 USD

Henry T DeNero

Director

Non Executive Board

314845 USD

William L Kimsey

Director

Non Executive Board

456699 USD

Michael D Lambert

Director

Non Executive Board

318570 USD

Matthew E. Massengill

Director

Non Executive Board

4221417 USD

Roger H Moore

Director

Non Executive Board

277345 USD

Arif Shakeel

Director

Non Executive Board

18096426 USD

Raymond M Bukaty

Senior Vice President, Administration General Counsel and Secretary

Senior Management

2107770 USD

Timothy M. Leyden

Executive Vice President and Chief Financial Officer

Senior Management

226987 USD

Hossein Moghadam

Senior Vice President and Chief Technology Officer

Senior Management

2297658 USD

Western Digital Corp. – History

Western Digital was founded in 1970 to manufacture specialized semiconductors and electronic calculators.

The company filed for bankruptcy in 1976. The company began designing and manufacturing hard drives in 1988. As a result of the US economy slowing down in 1991, the disk drive industry faced a price war, and once again, Western Digital was on the brink of bankruptcy. To raise cash, the company sold off its departmental network business to Standard Microsystems.

The personal computer market started to recover by 1992, and the company achieved a breakthrough with the introduction of a line of disc drives with a unity of parts. It also sold its wafer factory to Motorola. The company sold off its microcomputer products group, which made proprietary semiconductors, in 1994.Two years later, the company publicly showcased its first line of hard drives for the corporate network computer market.

The company acquired Crag Technologies, a California based company, in 1999. Western Digital disposed its disk media business (a producer of the magnetically coated disks that store data in hard drives), to longtime supplier, Komag, in 1999.

The company announced its decision to exit the market for hard drives manufactured for enterprise computer systems and closed its Rochester, Minnesota enterprise hard drive design center, in 2000. In the same year, Western Digital, through its SageTree subsidiary, entered the business intelligence market.

The company opened a new customer service center in Brazil during 2002. The company completed the acquisition of almost all of the assets of Read-Rite in 2003. It also exercised the option to acquire Read-Rite’s operations in Thailand, that same year.

Western Digital, in 2004, established a service center operation in Russia to support its distribution partners and expedite service to customers located in Russia. In the same year, the company established a network of service centers in India to provide faster service to customers in that country. The company further expanded its presence in Asia-Pacific by establishing a representative office in Beijing in 2004.

Western Digital, in 2005, announced its plans to enter the market for miniature hard drives with a family of 1-inch drives that enable a variety of handheld consumer devices. In the same year, Western Digital increased the capacity of its enterprise-class WD Caviar RE hard drives by nearly 30%, providing a cost effective solution for dependable, high capacity enterprise storage. Western Digital completed the purchase of the Fremont, California facility in April 2006, in which it had been fabricating semiconductor wafers for the production of hard drive recording heads since 2003.

In April 2007, the company launched WD AV drives, new family of hard drives for audio and video recording products in capacities ranging from 80 GB to 500 GB. Two months later, Western Digital and Komag entered a definitive agreement for acquisition of Komag by Western Digital.

Komag is a manufacturer and media provider to the hard drives. In July 2007, the company launched environmentally friendly GreenPower family of WD desktop, enterprise, consumer electronics and external hard drive products. In October 2007, Western Digital signed a multi-year lease for its planned hard drive design center in Longmont, Colorado.

In January 2008, Western Digital launched a new section of its corporate Web site detailing its ongoing global citizenship practices. The site provides the company’s broad network of customers, partners, local communities and shareholders a comprehensive understanding of the company’s commitment to growing its business and operations in a sustainable way, protecting the environment, engaging its workforce and investing in the communities where it operates.

In March 2008, Western Digital announced that the majority of its media and substrate supply obligations to external customers related to its acquisition of Komag in 2007 would be fulfilled by May 2008, and consequently the company would streamline its media and substrate operations to serve only its hard drive business.

In the following month, Western Digital authorized a $500 million increase in its common stock repurchase program. In the same month, the company started shipping WD VelociRaptor hard drives, the next generation of its 10,000 RPM SATA “Raptor” series of drives. In May 2008, the company introduced new Mac-formatted My Passport Studio Portable Drives.

Western Digital Corp. – Business Description

Western Digital designs, develops, manufactures, and sells hard disk drives. The company’s hard disk drives are used in desktop personal computers, notebook computers, enterprise applications such as servers, workstations, network attached storage and storage area networks, and in consumer electronics products such as personal/digital video recorders and satellite and cable set-top boxes. In addition, the company’s hard disk drives are used in external hard disk drive products that feature high speed buses such as 1394/FireWire/iLink, Universal Serial Bus and Ethernet. The company operates in the US, Asia, Europe, the Middle East, and Africa.

The company offers products under the following categories: enterprise drives, desktop drives, external drives, mobile drives, and consumer electronics drives. The products manufactured under enterprise drive category are designed to meet the demanding reliability and performance specifications required for enterprise storage.The products under desktop drives category are used for business and personal computing and entertainment applications. The products manufactured under external drives category could be used to add more storage capacity to home, personal, or office computers. The products under mobile drives category could be used in high performance, low-power storage for portable digital devices of all kinds. The products manufactured under CE drives category are designed for the consumer electronics market with quiet operation, low temperature, high reliability, and optimized streaming.

The company’s hard disk drive products currently include 3.5-inch and 2.5-inch form factor drives. The 3.5-inch form factor drives have capacities ranging from 40 GB to 400 GB, nominal rotation speeds of 5400, 7200 and 10,000 revolutions per minute (RPM), and offer interfaces including Enhanced Integrated Drive Electronics (EIDE) and Serial Advanced Technology Attachment (SATA). The 2.5-inch form factor drives have capacities ranging from 40 GB to 80 GB, nominal rotation speed of 5400 RPMs, and offer the EIDE interface.

Western Digital offers WD Caviar 7,200 RPM drives, available in EIDE and Serial ATA (SATA) interfaces for PC and Macintosh computers. Western Digital also offers WD Scorpio hard drives for notebook computing with 5400 RPM. Western Digital’s enterprise storage offerings include WD Raptor, the 10,000-RPM hard drive with SATA interface and WD Caviar RE, a 7200 RPM drive with capacities ranging from 120 GB to 400 GB. Western Digital’s 1.0 inch hard drives will be produced for a variety of hand-held devices requiring compact, high-capacity storage. One of Western Digital’s external hard disk drive products is the WD Passport, an 80GB 5400 RPM portable 2.5-inch hard disk drive.

The company’s products are marketed under the WD Caviar, WD Protege and WD Raptor brand names and each product line is designed for a particular market segment.The company’s WD Caviar and WD Protege hard drive products are designed to serve distinct segments of the desktop PC market.WD Caviar hard drives are designed for the advanced performance segment of the desktop PC market and the entry-level server market. WD Protege hard drives are designed for the value segment of the desktop PC market, the entry-level PCs and the game console market.

The WD Raptor hard drive is a SATA hard drive designed for the enterprise storage market and high-end desktop PC applications.

The WD Caviar and WD Protege hard drive families comprise one-inch high, 3.5-inch, form-factor products with capacities ranging from eight GB to 250 GB and rotation speeds of 5400 and 7200 RPM. These products utilize either the EIDE interface or the SATA interface, providing high performance while retaining ease of use and overall low cost of connection.The type of EIDE interface used in a majority of the company’s hard drives is ATA/100, which signifies a burst data transfer rate of 100 megabytes per second. The SATA interface available in some of the company’s WD Caviar Special Edition hard drives enables transfer rates as high as 150 megabytes per second (Mbps).The company also sells a line of external hard drives and related adapters that are designed to accommodate external storage interfaces including 1394/ FireWire/i.Link and USB. The 1394/FireWire/i.Link interface is a high-speed interface that can be used to add additional storage capacity to a computer.

The company sells its products worldwide to original equipment manufacturers for inclusion in computer systems or subsystems, and to distributors, resellers and retailers under the Western Digital and WD brand names.The company’s hard disk drive products are manufactured in Malaysia, California and Thailand; design facilities are in Southern and Northern California; and sales offices are maintained around the world.

Western Digital Corp. – Key Facts

Head Office

Western Digital Corp. 20511 Lake Forest Drive Lake Forest California 92630 7741 USA

Phone

1 949 672 7000

Fax

1 949 672 5408

Web Address

http://www.westerndigital.com

Revenue / turnover (USD Mn)

5,468.0

Financial Year End

June

Employees

29,572

New York Ticker

WDC

Western Digital Corp. – Company Overview

Western Digital is engaged in the design, development, manufacture and sale of hard disk drives to the desktop personal computers, mobile, enterprise and consumer electronics markets. The company operates in the US, Asia, Europe, the Middle East, and Africa. It is headquartered in Lake Forest, California and employs 29,572 people.

The company recorded revenues of $5,468 million during the fiscal year ended June 2007, an increase of 26% over 2006. The growth in the Western Digital’s revenues was augmented by increased demand for hard drives and other non desktop products like mobile, consumer electronics, and other enterprise products. The operating profit of the company was $415 million during fiscal year 2007, an increase of 13.4% over 2006. The net profit was $564 million in fiscal year 2007, an increase of 42.8% over 2006.