WD Completes Sale of Malaysia Substrate Manufacturing Facility

PR Newswire

posted: 149 DAYS 3 HOURS AGO

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LAKE FOREST, Calif., July 2 /PRNewswire-FirstCall/ -- Western Digital Corp. (NYSE: WDC) today announced it has completed the previously announced sale of the assets of its media substrate manufacturing facility in Sarawak, Malaysia, to a subsidiary of Hitachi Global Storage Technologies, the hard drive manufacturing unit of Hitachi, Ltd.

WD manufactured aluminum substrates for hard drive magnetic media at the facility and has consolidated its substrate manufacturing and development operations into its Johor, Malaysia, facility. WD employees at the Sarawak facility have become employees of the purchaser.

Terms of the transaction were not disclosed.

About WD

WD, one of the storage industry's pioneers and long-time leaders, provides products and services for people and organizations that collect, manage and use digital information. The company designs and produces reliable, high-performance hard drives and solid state drives that keep users' data accessible and secure from loss. Its advanced technologies are configured into applications for client and enterprise computing, embedded systems and consumer electronics, as well as its own consumer storage and media products.

WD was founded in 1970. The company's storage products are marketed to leading OEMs, systems manufacturers, selected resellers and retailers under the Western Digital(R) and WD brand names. Visit the Investor section of the company's Web site ( www.westerndigital.com ) to access a variety of financial and investor information.

Western Digital, WD, and the WD logo are registered trademarks of Western Digital Technologies, Inc. All other trademarks mentioned herein belong to their respective owners.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO)

SOURCE Western Digital Technologies

2009-07-02 03:01:00