Western Digital (WDC) Sector
Information Technology

(Current) $64.01
-1.64 (-2.5%) Open Price: 65.29

Western Digital Corporation, commonly known as Western Digital (WD), is a global data storage company that designs, manufactures, and sells a wide range of storage solutions for various applications. The company was founded on April 23, 1970, by Alvin B. Phillips, a former Motorola employee, and has since become one of the leading players in the data storage industry.

Initially, Western Digital specialized in manufacturing semiconductor chips. However, in the late 1970s, the company shifted its focus to hard disk drives (HDDs), which marked a significant turning point in its history. Over the years, Western Digital has continued to innovate and expand its product portfolio to include solid-state drives (SSDs), external hard drives, data center solutions, and other storage-related products.

The company's products cater to various markets, including consumer electronics, personal computing, data centers, surveillance systems, gaming, and more. Western Digital's storage solutions are widely used in laptops, desktops, gaming consoles, mobile devices, servers, and cloud infrastructure.

In addition to its core storage business, Western Digital has made strategic acquisitions to strengthen its position in the market. Notably, in 2012, the company acquired Hitachi Global Storage Technologies (HGST), which further solidified its position in the data storage industry.

As data storage needs continue to grow exponentially with the increasing digitization of the world, Western Digital remains committed to developing innovative and reliable storage solutions to meet the demands of consumers and businesses alike. The company's focus on research and development and its dedication to data security and integrity have helped it maintain a strong presence in the competitive storage market.

(11/19/24) $65.29
(11/21/24) $65.65
(11/21/24) (Qty.)3,796,545
(11/19/24) $63.69
(11/19/24) $65.41
(11/10/24) $62.30
(11/03/24) $71.23
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