Market Summary
USD44.27-0.35
Market Closed-0.78%
WDC Stock Price
WDC RSI Chart
WDC Valuation
WDC Price/Sales (Trailing)
WDC Profitability
WDC Fundamentals
WDC Revenue
WDC Earnings
Price Action
52 Week Range
29.7346.89
(Low)(High)
Last 7 days
0.8%
Last 30 days
12.1%
Last 90 days
17.0%
Trailing 12 Months
36.6%
WDC Financial Health
WDC Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for WDC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-21 | SODERBERY ROBERT | sold (taxes) | -270,862 | 44.44 | -6,095 | evp & gm, flash business |
2023-09-06 | Zamiska Gene M. | sold | -98,516 | 45.42 | -2,169 | svp & princ. acctg officer |
2023-09-04 | Sivaram Srinivasan | sold (taxes) | -194,319 | 45.96 | -4,228 | president, tech & strategy |
2023-09-04 | RAY MICHAEL CHARLES | sold (taxes) | -151,806 | 45.96 | -3,303 | evp, chief legal officer & sec |
2023-09-04 | Sivaram Srinivasan | acquired | - | - | 234 | president, tech & strategy |
2023-09-04 | RAY MICHAEL CHARLES | acquired | - | - | 183 | evp, chief legal officer & sec |
2023-09-04 | Zamiska Gene M. | sold (taxes) | -52,670 | 45.96 | -1,146 | svp & princ. acctg officer |
2023-09-03 | RAY MICHAEL CHARLES | sold (taxes) | -479,868 | 45.96 | -10,441 | evp, chief legal officer & sec |
2023-09-03 | Sivaram Srinivasan | sold (taxes) | -822,638 | 45.96 | -17,899 | president, tech & strategy |
2023-09-03 | SODERBERY ROBERT | sold (taxes) | -536,077 | 45.96 | -11,664 | evp & gm, flash business |
Which funds bought or sold WDC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | 10.00 | 1,512 | -% |
2023-09-20 | BARCLAYS PLC | reduced | -10.56 | -19,018,000 | 172,282,000 | 0.11% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -1.3 | -71.00 | 11,531 | -% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | 3.00 | 493 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 25,982 | 25,982 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 2,194 | 10,675 | -% |
2023-08-24 | Alberta Investment Management Corp | added | 93.00 | 262,958 | 541,716 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | new | - | 1,707 | 1,707 | -% |
2023-08-23 | WOLVERINE TRADING, LLC | reduced | -36.28 | -2,613,170 | 4,700,830 | 0.01% |
2023-08-21 | BOKF, NA | reduced | -18.9 | -277,923 | 1,237,350 | 0.03% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Western Digital
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 6.5% | 20,663,972 | SC 13G | |
| Feb 10, 2023 | blackrock inc. | 8.2% | 26,002,691 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 11.76% | 37,341,622 | SC 13G/A | |
| Mar 11, 2022 | blackrock inc. | 8.3% | 25,826,324 | SC 13G/A | |
| Feb 08, 2022 | blackrock inc. | 8.3% | 25,826,324 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 10.63% | 32,329,856 | SC 13G/A | |
| Feb 05, 2021 | blackrock inc. | 7.5% | 22,903,786 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 11.90% | 35,413,208 | SC 13G/A | |
| Feb 10, 2020 | blackrock inc. | 8.7% | 25,733,171 | SC 13G/A |
Recent SEC filings of Western Digital
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 22, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading |
Peers (Alternatives to Western Digital)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AAPL | 2.7T | 383.9B | -3.72% | 14.24% | 28.4 | 7.01 | -0.93% | -4.89% |
HPQ | 25.4B | 54.7B | -16.60% | 3.04% | 10.97 | 0.46 | -15.60% | -63.25% |
NTAP | 15.6B | 6.2B | 0.17% | 20.45% | 12.94 | 2.52 | -3.87% | 27.40% |
WDC | 14.3B | 12.3B | 12.10% | 36.64% | -8.36 | 1.16 | -34.45% | -213.73% |
STX | 13.2B | 7.4B | -1.55% | 14.50% | -24.86 | 1.78 | -36.68% | -132.08% |
| MID-CAP | ||||||||
SMCI | 13.2B | 7.1B | -1.87% | 377.87% | 20.6 | 1.85 | 37.09% | 124.43% |
PSTG | 10.2B | 2.8B | -6.37% | 28.36% | -12.3K | 3.71 | 8.89% | 94.22% |
JNPR | 8.7B | 5.7B | -1.99% | 5.97% | 21.24 | 1.54 | 15.00% | 5.32% |
NCR | 3.7B | 7.9B | -10.57% | 28.59% | 46.07 | 0.47 | 0.77% | -2.41% |
XRX | 2.5B | 7.2B | 2.19% | 16.75% | -9.9 | 0.35 | 3.04% | 60.93% |
| SMALL-CAP | ||||||||
DBD | 1.4B | 3.6B | -66.42% | 407.18% | -1.43 | 0.4 | -3.78% | -133.22% |
DDD | 570.3M | 514.4M | -28.38% | -44.43% | -4.7 | 1.11 | -11.31% | -153.49% |
QMCO | 57.6M | 407.5M | 4.65% | -48.81% | -1.5 | 0.14 | 7.00% | 0.29% |
OSS | 37.0M | 71.1M | -12.20% | -44.44% | -6.23 | 0.52 | 2.81% | -496.33% |
SCKT | 8.0M | 18.3M | -15.38% | -48.36% | -4.31 | 0.44 | -26.01% | -189.58% |
Western Digital News
Returns for WDC
Cumulative Returns on WDC
-1.6%
10-Year Cumulative Returns
-2.2%
7-Year Cumulative Returns
-4.1%
5-Year Cumulative Returns
4.8%
3-Year Cumulative Returns
Risks for WDC
What is the probability of a big loss on WDC?
98.8%
Probability that Western Digital stock will be more than 20% underwater in next one year
90.4%
Probability that Western Digital stock will be more than 30% underwater in next one year.
56.5%
Probability that Western Digital stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does WDC drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Western Digital was unfortunately bought at previous high price.
Drawdowns
Financials for Western Digital
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -13.1% | 12,318 | 14,174 | 15,752 | 17,478 | 18,793 | 19,185 | 18,941 | 18,051 | 16,922 | 16,289 | 16,327 | 16,618 | 16,736 | 16,083 | 15,582 | 15,581 | 16,569 | 18,052 | 19,391 | 20,494 | 20,647 |
| Gross Profit | -41.8% | 1,887 | 3,240 | 4,135 | 5,190 | 5,874 | 5,995 | 5,905 | 5,282 | 4,521 | 4,038 | 3,952 | 3,927 | 3,781 | 3,163 | 2,737 | 2,846 | 3,752 | 5,139 | 6,487 | 7,456 | 7,705 |
| Operating Expenses | -4.3% | 3,172 | 3,313 | 3,412 | 3,419 | 3,483 | 3,491 | 3,408 | 3,354 | 3,301 | 3,232 | 3,310 | 3,393 | 3,446 | 3,470 | 3,591 | 3,574 | 3,665 | 3,828 | 3,868 | 4,058 | 4,088 |
| S&GA Expenses | -3.5% | 970 | 1,005 | 1,044 | 1,073 | 1,117 | 1,148 | 1,154 | 1,140 | 1,105 | 1,077 | 1,071 | 1,104 | 1,153 | 1,183 | 1,255 | 1,266 | 1,317 | 1,370 | 1,393 | 1,465 | 1,473 |
| EBITDA | -100.0% | - | 843 | 1,632 | 2,694 | 3,356 | 3,476 | 3,504 | 3,042 | 2,465 | 2,187 | 2,135 | 2,097 | 1,933 | 1,343 | 899 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.06* | 0.10* | 0.15* | 0.18* | 0.18* | 0.18* | 0.17* | 0.15* | 0.13* | 0.13* | 0.13* | 0.12* | 0.08* | 0.06* | - | - | - | - | - | - |
| Interest Expenses | 4.7% | 312 | 298 | 293 | 296 | 304 | 309 | 315 | 320 | 326 | 333 | 351 | 375 | 413 | 443 | 462 | 475 | 469 | 466 | 508 | 587 | 676 |
| Earnings Before Taxes | -389.0% | -1,560 | -319 | 472 | 1,503 | 2,123 | 2,208 | 2,195 | 1,634 | 927 | 516 | 313 | 188 | -46.00 | -705 | -1,228 | -1,107 | -287 | 916 | 1,265 | 1,958 | 2,085 |
| EBT Margin | 100.0% | - | -0.02* | 0.03* | 0.09* | 0.11* | 0.12* | 0.12* | 0.09* | 0.05* | 0.03* | 0.02* | 0.01* | 0.00* | -0.04* | -0.08* | - | - | - | - | - | - |
| Net Income | -147.2% | -1,706 | -690 | -93.00 | 917 | 1,500 | 1,821 | 1,993 | 1,491 | 821 | 347 | 167 | -34.00 | -250 | -595 | -1,193 | -1,541 | -754 | 199 | 841 | 505 | 675 |
| Net Income Margin | 100.0% | - | -0.05* | -0.01* | 0.05* | 0.08* | 0.09* | 0.11* | 0.08* | 0.05* | 0.02* | 0.01* | 0.00* | -0.01* | -0.04* | -0.08* | - | - | - | - | - | - |
| Free Cashflow | 100.0% | - | -1,027 | -415 | 168 | 758 | 1,411 | 1,176 | 1,002 | 752 | 41.00 | 184 | 95.00 | 177 | 235 | 202 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -2.9% | 24,429 | 25,151 | 25,047 | 25,686 | 26,259 | 25,699 | 26,025 | 26,391 | 26,132 | 25,409 | 25,552 | 25,402 | 25,662 | 25,509 | 25,860 | 26,280 | 26,370 | 26,913 | 27,939 | 28,705 | 29,235 |
| Current Assets | -7.0% | 7,886 | 8,483 | 8,381 | 9,071 | 9,453 | 9,178 | 9,535 | 9,856 | 9,757 | 9,032 | 9,109 | 9,005 | 9,048 | 8,553 | 8,627 | 8,500 | 8,477 | 8,902 | 9,742 | 10,571 | 10,638 |
| Cash Equivalents | -8.9% | 2,023 | 2,220 | 1,871 | 2,049 | 2,327 | 2,505 | 2,531 | 3,290 | 3,370 | 2,734 | 2,956 | 2,995 | 3,048 | 2,943 | 3,137 | 3,248 | 3,455 | 3,682 | 4,013 | 4,646 | 5,005 |
| Inventory | -7.1% | 3,698 | 3,979 | 3,773 | 3,862 | 3,638 | 3,661 | 3,647 | 3,544 | 3,616 | 3,683 | 3,576 | 3,355 | 3,070 | 3,091 | 3,122 | 3,287 | 3,283 | 3,440 | 3,427 | 3,119 | 2,944 |
| Net PPE | -1.3% | 3,620 | 3,668 | 3,688 | 3,718 | 3,670 | 3,488 | 3,367 | 3,260 | 3,188 | 3,061 | 2,918 | 2,897 | 2,854 | 2,735 | 2,722 | 2,796 | 2,843 | 3,031 | 3,077 | 3,054 | 3,095 |
| Goodwill | 0.0% | 10,037 | 10,041 | 10,041 | 10,037 | 10,041 | 10,061 | 10,065 | 10,066 | 10,066 | 10,066 | 10,071 | 10,069 | 10,067 | 10,066 | 10,069 | 10,090 | 10,076 | 10,075 | 10,074 | 10,072 | 10,075 |
| Liabilities | 0.3% | 12,706 | 12,664 | 12,932 | 13,579 | 14,038 | 13,715 | 14,007 | 15,030 | 15,411 | 15,460 | 15,723 | 15,826 | 16,111 | 16,266 | 16,481 | 16,714 | 16,403 | 16,699 | 17,027 | 17,330 | 17,704 |
| Current Liabilities | 3.3% | 5,434 | 5,261 | 4,382 | 4,966 | 5,237 | 4,397 | 4,929 | 4,709 | 4,870 | 4,501 | 4,526 | 4,429 | 4,406 | 4,471 | 4,482 | 4,288 | 3,817 | 4,212 | 4,350 | 4,385 | 4,456 |
| LT Debt, Current | 3.2% | 1,213 | 1,175 | 38.00 | - | - | 75.00 | 251 | 251 | 251 | 251 | 251 | 286 | 286 | 286 | 286 | 251 | 276 | 276 | 244 | 213 | 179 |
| LT Debt, Non Current | -0.7% | 5,857 | 5,898 | 7,033 | 7,071 | 7,022 | 7,087 | 7,057 | 8,270 | 8,474 | 8,678 | 8,882 | 9,086 | 9,289 | 9,343 | 9,547 | 9,961 | 10,246 | 10,309 | 10,370 | 10,930 | 10,993 |
| Shareholder's Equity | -6.6% | 10,847 | 11,611 | 12,115 | 12,107 | 12,221 | 11,984 | 12,018 | 11,361 | 10,721 | 9,949 | 9,829 | 9,576 | 9,551 | 9,243 | 9,379 | 9,566 | 9,967 | 10,214 | 10,912 | 11,375 | 11,531 |
| Retained Earnings | -8.8% | 7,424 | 8,139 | 8,711 | 9,157 | 9,039 | 8,738 | 8,713 | 8,149 | 7,539 | 6,917 | 6,720 | 6,658 | 6,725 | 6,578 | 6,717 | 7,012 | 7,449 | 7,799 | 8,532 | 9,172 | 8,757 |
| Additional Paid-In Capital | 2.7% | 3,936 | 3,831 | 3,770 | 3,641 | 3,733 | 3,600 | 3,519 | 3,401 | 3,608 | 3,603 | 3,546 | 3,537 | 3,717 | 3,743 | 3,731 | 3,728 | 3,851 | 3,891 | 4,062 | 4,085 | 4,254 |
| Accumulated Depreciation | 0.4% | 8,630 | 8,595 | 8,476 | 8,425 | 8,300 | 8,219 | 8,068 | 7,921 | 7,771 | 7,788 | 7,646 | 7,577 | 7,446 | 7,350 | 7,235 | 7,160 | 7,160 | 7,607 | 7,440 | 7,277 | 7,091 |
| Shares Outstanding | 0.6% | 322 | 320 | 319 | 318 | 315 | 313 | 312 | 310 | 308 | 306 | 305 | 303 | 302 | 299 | 298 | 296 | 295 | 292 | 290 | 292 | 296 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -806.7% | -408 | -45.00 | 734 | 1,365 | 1,880 | 2,579 | 2,297 | 2,056 | 1,898 | 1,076 | 1,102 | 934 | 824 | 821 | 883 | 1,095 | 1,547 | 2,241 | 3,064 | 3,777 | 4,205 |
| Share Based Compensation | -1.5% | 318 | 323 | 335 | 336 | 326 | 328 | 325 | 318 | 318 | 315 | 310 | 307 | 308 | 296 | 302 | 304 | 306 | 320 | 339 | 359 | 377 |
| Cashflow From Investing | 23.0% | -762 | -990 | -1,105 | -1,104 | -1,192 | -1,025 | -898 | -911 | -765 | -476 | -318 | 78.00 | 278 | -38.00 | -387 | -979 | -1,272 | -1,291 | -1,373 | -1,536 | -1,655 |
| Cashflow From Financing | 15.0% | 875 | 761 | -274 | -1,479 | -1,718 | -1,778 | -1,823 | -853 | -817 | -816 | -973 | -1,269 | -1,508 | -1,526 | -1,376 | -1,514 | -1,829 | -2,220 | -3,947 | -4,483 | -3,900 |
| Dividend Payments | - | - | - | - | - | - | - | - | - | - | 150 | 299 | 448 | 595 | 591 | 588 | 583 | 584 | 588 | 590 | 594 | 593 |
| Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 563 | 999 | 1,154 | 1,154 | 591 |
WDC Income Statement
2023-06-30Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Jun. 30, 2023 | Jul. 01, 2022 | Jul. 02, 2021 | |
| Income Statement [Abstract] | |||
| Revenue, net | $ 12,318 | $ 18,793 | $ 16,922 |
| Cost of revenue | 10,431 | 12,919 | 12,401 |
| Gross profit | 1,887 | 5,874 | 4,521 |
| Operating expenses: | |||
| Research and development | 2,009 | 2,323 | 2,243 |
| Selling, general and administrative | 970 | 1,117 | 1,105 |
| Employee termination, asset impairment, and other charges | 193 | 43 | (47) |
| Total operating expenses | 3,172 | 3,483 | 3,301 |
| Operating income (loss) | (1,285) | 2,391 | 1,220 |
| Interest and other income: | |||
| Interest income | 24 | 6 | 7 |
| Interest expense | (312) | (304) | (326) |
| Other income, net | 13 | 30 | 26 |
| Total interest and other income, net | (275) | (268) | (293) |
| Income (loss) before taxes | (1,560) | 2,123 | 927 |
| Income tax expense | 146 | 623 | 106 |
| Net income (loss) | (1,706) | 1,500 | 821 |
| Less: cumulative dividends allocated to preferred shareholders | 24 | 0 | 0 |
| Net income (loss) attributable to common shareholders | $ (1,730) | $ 1,500 | $ 821 |
| Income (loss) per common share | |||
| Basic (in dollars per share) | $ (5.44) | $ 4.81 | $ 2.69 |
| Diluted (in dollars per share) | $ (5.44) | $ 4.75 | $ 2.66 |
| Weighted average shares outstanding: | |||
| Basic (in shares) | 318 | 312 | 305 |
| Diluted (in shares) | 318 | 316 | 309 |
WDC Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Jul. 01, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 2,023 | $ 2,327 |
| Accounts receivable, net | 1,598 | 2,804 |
| Inventories | 3,698 | 3,638 |
| Other current assets | 567 | 684 |
| Total current assets | 7,886 | 9,453 |
| Non-current assets: | ||
| Property, plant and equipment, net | 3,620 | 3,670 |
| Notes receivable and investments in Flash Ventures | 1,297 | 1,396 |
| Goodwill | 10,037 | 10,041 |
| Other intangible assets, net | 80 | 213 |
| Other non-current assets | 1,509 | 1,486 |
| Total assets | 24,429 | 26,259 |
| Current liabilities: | ||
| Accrued expenses | 1,288 | 1,636 |
| Income taxes payable | 999 | 869 |
| Accrued compensation | 349 | 510 |
| Current portion of long-term debt | 1,213 | 0 |
| Total current liabilities | 5,434 | 5,237 |
| Non-current liabilities: | ||
| Long-term debt | 5,857 | 7,022 |
| Other liabilities | 1,415 | 1,779 |
| Total liabilities | 12,706 | 14,038 |
| Commitments and contingencies (Notes 10, 11, 14 and 17) | ||
| Convertible preferred stock, $0.01 par value; authorized — 5 shares; issued and outstanding — 1 shares in 2023 and 0 shares in 2022; aggregate liquidation preference of $933 and $0 as of June 30, 2023 and June 30, 2022, respectively | 876 | 0 |
| Shareholders’ equity: | ||
| Common stock, $0.01 par value; authorized — 450 shares; issued and outstanding — 322 shares in 2023 and 315 shares in 2022 | 3 | 3 |
| Additional paid-in capital | 3,936 | 3,733 |
| Accumulated other comprehensive loss | (516) | (554) |
| Retained earnings | 7,424 | 9,039 |
| Total shareholders’ equity | 10,847 | 12,221 |
| Total liabilities, convertible preferred stock and shareholders’ equity | 24,429 | 26,259 |
| Nonrelated Party | ||
| Current liabilities: | ||
| Accounts payable | 1,293 | 1,902 |
| Related Party | ||
| Current liabilities: | ||
| Accounts payable | $ 292 | $ 320 |
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.