Western Digital Corporation (NASDAQ:WDC) Files An 8-K Regulation FD Disclosure
Item7.01.
| Regulation FD Disclosure. |
On December 6, 2016, Western Digital Corporation (the Company)
issued a press release announcing updated expectations for the
second fiscal quarter of 2017 ending December 30, 2016.On the
same day, the Company also issued a press release announcing that
the Company has signed a definitive royalty-bearing agreement
with Samsung Electronics Co. Ltd. (Samsung) to renew that certain
Cross-License Agreement, dated May 27, 2009, between SanDisk
Corporation, an indirect wholly owned subsidiary of the Company,
and Samsung. The press releases making these announcements are
attached hereto as Exhibits 99.1 and 99.2 and are incorporated
herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the
information in this Item 7.01, including Exhibits 99.1 and 99.2,
shall not be deemed to be filed for purposes of Section 18 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.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
|
Exhibit No. |
Description |
|
| 99.1 |
Press Release issued by Western Digital Corporation on December 6, 2016 regarding updated expectations. |
|
| 99.2 |
Press Release issued by Western Digital Corporation on December 6, 2016 regarding the Samsung license agreement. |
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. Western Digital Corporation (NASDAQ:WDC) Recent Trading Information
Western Digital Corporation (NASDAQ:WDC) closed its last trading session up +1.76 at 63.85 with 6,865,574 shares trading hands.