Company Profile For Western Digital Corporation

Western Digital Corporation (WD) designs, develops, manufactures and sells hard drives. The Company sells its products worldwide to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) for use in computer systems, subsystems or consumer electronics (CE) devices, and to distributors, resellers and retailers. Its hard drives are used in desktop computers, notebook computers, and enterprise applications, such as servers, workstations, network attached storage, storage area networks and video surveillance equipment. Additionally, its hard drives are used in CE applications, such as digital video recorders (DVRs), and satellite and cable set-top boxes (STBs). WD also sells its hard drives as stand-alone storage products and integrates them into finished enclosures, embedding application software and offering the products as WD-branded external storage appliances. On March 27, 2009, it completed the acquisition of SiliconSystems, Inc.

BRIEF: For the thirteen weeks ended 2 October 2009, Western Digital Corp.'s revenues increased 5% to $2.21B. Net income increased 36% to $288M. Revenues reflect a increase in the demand for the WD branded products in the Asia segment. Net income also reflects a decrease in the selling, general & administrative expenses due to the restructured plan of the company, lower interest & other expenses and increased gross margins.