Western Digital

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Headquartered in Lake Forest, California, Western Digital is the second largest hard disk drive seller worldwide.

The storage giant, which was founded in 1970, started making hard-disk drives in 1988, and its products can now be found in an array of machines, including desktops, notebooks, handheld devices, as well as enterprise storage.

In October this year, Western Digital started shipping a new storage system that can store up to one terabyte (1 TB) of digital content for.

Early this month, the storage seller reported 25 percent growth in revenue for its first fiscal quarter that ended in September, to US$1.3 billion, and 49 percent growth in net income to US$103 million in the same period last year, according to the company. Sixty-five percent of the company's first quarter revenue came from hard drives configured into desktop PCs, while the remaining 35 percent came from non-desktop PC sources.

The company currently employs approximately 24,750 people worldwide and has manufacturing plants in California, Malaysia and Thailand.

This company is listed in Storage Management.

Financials
Fiscal year-end FY06 FY05 FY04 FY03 FY02
Global full-year
revenue (US$millions)
4,341.0 3,639.0 3,047.0 2,719.0 2,151.0
Global full-year net
income (US$millions)
395.9 198.4 151.0 182.0 53.0

Average year-on-year revenue growth over 4 years 16.93 %
Average year-on-year net income growth over 4 years 37.97 %
Percentage of revenue from Asia
Percentage of Asian revenues from channel

Operations:
Founded USA/1970
First Asian office
Global employees 24,750
Employees in Asia
Asian countries:
Total 6
China, Hong Kong, Malaysia, Singapore, Taiwan, Thailand
Notes * Data correct as at September 2006. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites, and Hoover's. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities.

ZDNet Asia's Top Tech Index will be next updated in 2008.


ZDNet Asia Top Tech categories
Systems | Networking and communications | Storage management | Security | Software Infrastructure | Services | Business applications | Internet services



See also:  Storage
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