twice connect
careers

Western Digital Recovered From Flooding

4/27/2012 11:34:17 AM Eastern
Irvine, Calif. - Western Digital and its logistical partners have recovered enough from the Thailand flooding last year to adequately meet demand.

Western Digital reported this during in its third-quarter financial results, the first to include results from its acquisition of Hitachi Global Storage.

"Our third-quarter performance demonstrates the potential of the new Western Digital, with just 3.5 weeks of HGST results combined with the stand-alone WD business," said WD CEO John Coyne.

Western Digital was among several companies forced to shut down its manufacturing facilities in Thailand due to massive flooding that took place late last year.

The company posted net income of $483 million on revenue of $3 billion for its third quarter, ended March 30.

Western Digital shipped 44.2 million hard-drive units during the period.
Want to read more stories like this?
Get our Free Newsletter Here!

Curated By Logo