Western Digital Corporation (NASDAQ:WDC) Files An 8-K Regulation FD DisclosureItem 7.01
On July14, 2017, Western Digital Corporation (“Western Digital”) announced that the Court of California for the County of San Francisco directed Toshiba Corporation (“Toshiba”) not to transfer its interests in its three NAND flash-memory joint ventures (“the JVs”) operated with Western Digital’s SanDisk subsidiaries without specified advance notice to SanDisk, in order to ensure that the issue is preserved for arbitration. Today’s hearing was held in connection with the preliminary injunctive relief proceedings sought by SanDisk related to Toshiba’s attempts to transfer its JV interests.
The press release making this statement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form8-K,the information in this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
|Item 7.01||Financial Statements and Exhibits.|
|99.1||Press Release issued by Western Digital Corporation on July14, 2017 announcing that the Court of California for the County of San Francisco directed Toshiba Corporation not to transfer its interests in its three NAND flash-memory joint ventures operated with Western Digital’s SanDisk subsidiaries without specified advance notice to SanDisk, in order to ensure that the issue is preserved for arbitration.|
WESTERN DIGITAL CORP ExhibitEX-99.1 2 d405571dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE: WESTERN DIGITAL’S SANDISK SUBSIDIARIES OBTAIN COURT PROTECTION AGAINST TOSHIBA IN PRELIMINARY INJUNCTION HEARING SAN JOSE,…To view the full exhibit click
About Western Digital Corporation (NASDAQ:WDC)
Western Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The Company’s portfolio of offerings addresses three categories: Datacenter Devices and Solutions (capacity and performance enterprise hard disk drives (HDDs), enterprise solid state drives (SSDs), datacenter software and system solutions); Client Devices (mobile, desktop, gaming and digital video hard drives, client SSDs, embedded products and wafers), and Client Solutions (removable products, hard drive content solutions and flash content solutions). The Company develops and manufactures a portion of the recording heads and magnetic media used in its hard drive products.