Kioxia Corporation and Western Digital Corp. (NASDAQ: WDC) have finalized a formal agreement to jointly invest in the first phase of the Fab 7 (Y7) manufacturing facility at Kioxia's industry-leading Yokkaichi Plant in the Mie Prefecture of Japan. With construction of the first phase of Y7 completed, the joint-venture investment will enable initial production output beginning in the fall of this year. This marks another important milestone in the 20-year strategic joint-venture partnership between the two companies.

"We are very pleased to further deepen our strategic partnership with Western Digital through this joint investment in Y7," said Nobuo Hayasaka, President and CEO of Kioxia. "The rapid digitization of societies underpins accelerating use of memory products. We will continue to leverage our technological partnership and economies of scale to develop and produce cutting-edge semiconductor products and achieve organic corporate growth."

Although 20 TB hard drives aren't a new thing by now, Western Digital's latest drive for NAS appliances are doing things a bit differently by incorporating WD's OptiNAND technology. The WD Red Pro family is Western Digital's higher-end family of NAS drives and have a generally good reputation in the market. The drive is made up out of nine ePMR (energy-assisted perpendicular magnetic recording) platters, each coming in at 2.2 TB. As with the previously launched drives in the Red Pro family, we're looking at a 7,200 rpm drive with a SATA 6 Gbps interface. The internal transfer rate is said to reach up to 268 MB/s which makes it the second fastest drive in the series, just behind the 18 TB version.

What makes the 20 TB SKU unique in the Red Pro series though is the inclusion of 64 GB of WD's own iNAND flash. Western Digital's iNAND could be considered a DRAM-less SSD in a single chip package and in this case, it's used as a large chunk of cache for the hard drive. One other benefit of the OptiNAND technology according to WD is that up to 100 MB of data in the 512 MB DRAM write cache that the drive also has, can be flushed to the iNAND in case of an unexpected power cut to the drive. This could help save important data that is in transit during a worst case scenario and seems like a great addition to a hard drive that's targeting NAS applications. The WD Red Pro 20 TB is on sale now for US$499.99.

In 4Q21, NAND Flash bit shipments grew by only 3.3% QoQ, a significant decrease from the nearly 10% in 3Q21, according to TrendForce's investigations. ASP fell by nearly 5% and the overall industry posted revenue of US$18.5 billion, a QoQ decrease of 2.1%. This was primarily due to a decline in the purchase demand of various products and a market shift to oversupply causing a drop in contract prices. In 4Q21, with the exception of enterprise SSD, the supply of which was limited by insufficient upstream components, the prices of other NAND Flash products such as eMMC, UFS, and client SSD, all fell.

TrendForce's summary of NAND Flash market sales performance in 2021 is as follows: although there have been signs of weakening since 2H21, thanks to remote services and cloud demand driven by the pandemic, revenue performance still grew significantly compared to 2020. Revenue reached US$68.6 billion, up 21.1% YoY, the second-biggest increase since 2018.

WDC recently stated that certain materials were contaminated in late January at NAND Flash production lines in Yokkaichi and Kitakami, Japan which are joint ventures with Kioxia, according to TrendForce's investigations. Before this incident, TrendForce had forecast that the NAND Flash market will see a slight oversupply the entire year and average price from Q1 to Q2 will face downward pressure. However, the impact of WDC's material contamination issue is significant and Samsung's experience during the previous lockdown of Xi'an due to the pandemic has also retarded the magnitude of the NAND Flash price slump. Therefore, the Q1 price drop will diminish to 5~10%. In addition, according to TrendForce, the combined WDC/Kioxia NAND Flash market share in the 3Q21 was as high as 32.5%. The consequences of this latest incident may push the price of NAND Flash in Q2 to spike 5~10%.

The contaminated products in this incident are concentrated in 3D NAND (BICS) with an initial estimate of 6.5exabytes (approximately 6,500M GB) affected. According to TrendForce, damaged bits account for 13% of the group's output in 1Q22 and approximately 3% of the total output for the year. The normal production schedule for the entire line has yet to be confirmed. It is worth noting that the damages announced by WDC likely do not account for total losses stemming for this event and the number of damaged Kioxia parts has not been aggregated, so the total number of affected bits may increase further.

Western Digital Corp. (Nasdaq: WDC) today announced that contamination of certain material used in its manufacturing processes has occurred and is affecting production operations at both its Yokkaichi and Kitakami joint venture, flash fabrication facilities. Western Digital's current assessment of the impact is a reduction of its flash availability of at least 6.5 exabytes. The company is working closely with its joint venture partner, Kioxia, to implement necessary measures that will restore the facilities to normal operational status as quickly as possible.

Western Digital creates environments for data to thrive. As a leader in data infrastructure, the company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. Everywhere data lives, from advanced data centers to mobile sensors to personal devices, our industry-leading solutions deliver the possibilities of data. Our data-centric solutions are comprised of the Western Digital, G-Technology, SanDisk, and WD brands.

Western Digital Corp. (Nasdaq: WDC) today reported fiscal second quarter 2022 financial results. "I'm proud of the Western Digital team for delivering another quarter of strong results that exceeded guidance, even in the midst of ongoing supply chain disruptions and COVID-related challenges," said David Goeckeler, Western Digital CEO. "While we continue to experience strong demand across our end markets, these challenges continue to present a headwind to near-term results. We've executed well in building a solid foundation for future profitable growth driven by innovative products within our flash and hard drive businesses. As these transitory headwinds subside, we expect to emerge in a stronger position to drive better through-cycle results, creating value for our shareholders, employees and customers."

The company generated $666 million in cash flow from operations, made a total debt repayment of $2.21 billion, issued $1.00 billion in notes and ended the quarter with $2.53 billion of total cash and cash equivalents. During the quarter, the company fully repaid the remaining balance of its Term-Loan B-4 in an amount of $943 million, and repaid $1.27 billion on its Term-Loan A-1. In addition, the company closed a public offering of $1.00 billion aggregate principal amount in senior unsecured notes, bringing total gross debt outstanding to $7.40 billion at the end of the fiscal second quarter.

Western Digital is preparing to update its client SSD lineup with a new flagship product, the WD Black SN850X. The drive was referenced in a December 10 certification filing with the PCI-SIG. The drive unsurprisingly features a PCI-Express 4.0 x4 interface. Nothing else is known about the drive, but the "X" in its name could signify a performance uplift over the current WD Black SN850 from an updated controller, a newer generation of NAND flash, or better stock cooling. Interestingly, the listing also references a drive called "SN820," which could be an "unbranded" successor to the PC SN810, a drive the company sells to system integrators and OEMs.

Demand for NAND Flash products will undergo a noticeable and cyclical downward correction in 1Q22 as major smartphone brands wind down their procurement activities for the peak season and ODMs prepare for the New Year holidays, according to TrendForce's latest investigations. As such, the NAND Flash market will remain in an oversupply situation, with prices continuing to undergo downward corrections accordingly. However, PC OEMs have been reinstating certain orders for client SSDs since early November in response to improvements in the supply of upstream semiconductor materials. By fulfilling these orders, suppliers are able to keep their inventory level relatively low, meaning they are not under as much pressure as previously expected to reduce inventory by lowering prices. Taking these factors into account, TrendForce expects NAND Flash ASP to undergo a 10-15% QoQ decline in 1Q22, during which NAND Flash prices will experience the most noticeable declines compared to the other quarters in 2022.

Regarding the price trend of NAND Flash products across the whole 2021, TrendForce further indicates that suppliers have actively transitioned their output to higher-layer technologies, resulting in a bit supply growth that noticeably outpaces demand, though the tight supply of components such as controller ICs and PMICs has constrained the production of NAND Flash end-products. Hence, the decline in contract prices of NAND Flash products has not been as severe as previously expected. Moving ahead to 2022, however, the supply of relevant components is expected to gradually improve, so the market for various NAND Flash products will also likely shift towards a noticeable oversupply. As a result, prices of NAND Flash products will steadily decline before the arrival of the peak season in 3Q22.

Western Digital Corp. (Nasdaq: WDC) today reported fiscal first quarter 2022 financial results. "Strong demand across diverse end markets, particularly for our cloud products, combined with Western Digital's strong innovation engine, broad routes to market and sharpened execution, enabled us to deliver solid results within our guidance range, even in the face of significant COVID impacts and supply chain disruptions," said David Goeckeler, Western Digital CEO. "While these disruptions are transitory, the long-term opportunities for Western Digital remain unchanged as the world's digital transformation continues to accelerate. We believe that the migration to the cloud and demand for storage solutions throughout the client and consumer markets will continue to drive a huge opportunity for Western Digital and our customers."

The company generated $521 million in cash flow from operations, made a total debt repayment of $213 million, and ended the quarter with $3.3 billion of total cash and cash equivalents. Average shares outstanding were 316 million for the quarter. In addition, as a result of strong financial results and free cash flow generation, on October 22, 2021, the company fully repaid the remaining balance of Term Loan B in an amount of $943 million, bringing total gross debt outstanding to $7.7 billion.

According to a recent report, it is estimated that more than 50 million people across the globe self-identified as having a career in the cultural and creative industries. With the everchanging definition of "creator" in a technology-driven world, this title now reaches beyond graphic designers and videographers to include content creators, UI/UX designers, artists and illustrators, entrepreneurs and freelancers, engineers, architects, grad students and more.

When crunching large amounts of data on their next passion project, access to fast and reliable storage solutions can greatly improve a creator's workflow, giving them peace of mind and allowing them to stay in the creative moment. With intense workload demands, today's creative professionals need technology that empowers their creativity without stress over losing their brilliant work, project bottlenecks or slow storage speeds.

According to an IDC 2021 FutureScape, by 2021, at least 70% of digitally-enabled small- and medium-sized businesses (SMBs) will operate under a hybrid model of working, with remote work emerging as a norm. This can put pressure on business owners as they, their staff or IT consultants support advanced use cases like virtualization, collaborative editing and intensive database workloads in order to manage the seamless flow of data.

For SMBs, NAS or network attached storage, is one of the most widely used methods for accessing, sharing and protecting data alongside the cloud. NAS solutions help SMBs solve for latency and remote shared access to data or applications across the network. "SMBs need robust systems that are efficient and intuitive to manage, and in many cases they need some sort of infrastructure on-premises. A NAS solution can benefit SMBs of all sizes, providing the performance, capacity and reliability they need. For more advanced and performance intensive applications, however, the NAS system will need a boost," said Eric Spanneut, vice president of Client and Enterprise SSDs for Western Digital's Flash Business unit. "Our new WD Red SN700 NVMe SSD is the perfect caching solution to complement our WD Red HDDs in a high-capacity NAS environment."

At the company's HDD Reimagine event today, Western Digital Corp. (NASDAQ: WDC) introduced a new flash-enhanced drive architecture that breaks traditional boundaries of storage. Building on the company's unique ability to innovate with HDD and flash, the new storage architecture with OptiNAND technology optimizes and integrates HDDs with iNAND embedded flash drives. This gives customers - like hyperscale cloud, CSPs, enterprises, smart video surveillance partners, NAS suppliers and more - a solution to meet the exponential growth in data creation by delivering the capacity, performance and reliability needed to store vast amounts of data today and well into the future.

Leveraging industry-first technologies including triple-stage actuator (TSA) and HelioSeal technology, the first products featuring the new drive architecture will deliver an unsurpassed 2.2 TB per platter, extending capacities gains on proven ePMR technology. Setting a new industry milestone, Western Digital has shipped samples of new nine-disk, 20 TB ePMR flash-enhanced drives with OptiNAND technology to select customers.

NAND Flash suppliers' Clients in the data center segment were gradually stepping up enterprise SSD procurement after finishing inventory adjustments, according to TrendForce's latest investigations. Moreover, the adoption rate of 4/8 TB products in the enterprise SSD market increased substantially on account of the releases and adoption of the new server processor platforms from Intel and AMD. Although the recent wave of COVID-19 outbreaks that struck Southeast Asia weakened smartphone sales in 2Q21, the quarterly total NAND Flash bit shipments rose by nearly 9% QoQ, as PC OEMs still had plenty of component orders in 2Q21 due to the fairly robust notebook demand during the period. On the other hand, the shortage of controller ICs became more severe during the period, and the winter storm that battered Texas this February affected the operation of Samsung's foundry fab Line S2 in Austin. As demand for NAND Flash products rose, the overall ASP also rose by nearly 7% QoQ, and the quarterly total NAND Flash revenue rose by 10.8% QoQ to US$16.4 billion in 2Q21.

Western Digital Corp. (Nasdaq: WDC) today reported fourth quarter and fiscal year 2021 financial results. "I am extremely proud of the outstanding execution our team exhibited as we achieved another quarter of strong revenue, gross margin and EPS results above expectations," said David Goeckeler, Western Digital CEO. "Throughout this fiscal year, we successfully delivered both flash and hard drive innovations that are essential building blocks in the acceleration of the data economy. This innovation, combined with our broad channels to market, diverse end market exposure and improved operational efficiency, enabled us to successfully navigate through the pandemic and capitalize on strategic growth opportunities. We believe we have the right foundation for success - the right products, the right customer base, and the unique ability to address two very large and growing markets."

Western Digital is reportedly preparing a firmware update for its WD Black SN850 M.2 NVMe SSD that restores the drive's write performance levels on PCs based on the AMD X570 platform. This problem is localized to X570, specifically to when the drive is installed on an M.2 NVMe slot that is wired to the X570 chipset. Drives that are installed on the slot that's directly wired to the Ryzen processor perform as expected (Ryzen 3000 "Matisse" and Ryzen 5000 "Vermeer").

The drive performs as intended on AMD B550, as well as Intel platforms that support PCIe Gen 4, as the only Gen 4-capable M.2 slots are the ones directly wired to the processor. Western Digital localized the problem to certain X570 motherboards that have their PCIe maximum payload size (MPS) value set at 128 bytes. This dictates the maximum transaction layer packet (TLP) that goes through the PCIe controller, and a low MPS value cripples performance. The firmware update by Western Digital possibly works around this limitation. The company is expected to release the firmware update by 12 July, 2021.

Championing the Zoned Storage initiative, Western Digital Corp. (NASDAQ: WDC) today announced at its Flash Perspective Event that it has teamed with Percona, a leader in open source database software and services, to unlock the performance benefits of Western Digital's Ultrastar DC ZN540 NVMe ZNS SSDs for MySQL Server, one of the most popular open-source transactional databases in the world.

"Many of our customers are using MySQL as a database for their online data services and this new partnership with Percona will allow customers to unlock the full capabilities of our innovative ZNS flash solutions. With our contributions to the Linux and MySQL open-source communities, MySQL users will be able to install the Percona Server for MySQL and get out-of-the-box support for Western Digital Zoned Namespaces SSDs," said Wim De Wispelaere, vice president, Strategic Initiatives at Western Digital. "This demonstrates our continued commitment to deliver innovative data center infrastructure products and to build our partnership ecosystem to make those easy to implement by our customers."

Total NAND Flash revenue for 1Q21 increased by 5.1% QoQ to US$14.82 billion, according to TrendForce's latest investigations. In particular, bit shipments rose by 11% QoQ, while the overall ASP dropped by 5% QoQ; hence, bit shipment growth offset the decline in the overall ASP. Although NAND Flash demand from notebook computer and smartphone manufacturers remained high, clients from the data center segment exhibited relatively weak demand, since this segment had yet to leave the state of NAND Flash oversupply. Contract prices for this quarter therefore still mostly showed a considerable QoQ drop. On the other hand, OEMs/ODMs of end products began to increase procurement of NAND Flash products from the second half of January onward because they noticed that the shortage of NAND Flash controller ICs was affecting the production of medium- and low-density storage products. Besides avoiding a possible supply crunch in the future, OEMs/ODMs were placing additional orders because they were preparing for a push to expand market share. On account of these developments, the overall NAND Flash demand surpassed expectations in 1Q21.

Western Digital Corp. (Nasdaq: WDC) today reported fiscal third quarter 2021 financial results. "We reported solid results above the guidance range, driven by increasing momentum of our energy-assisted drives and our second-generation NVMe enterprise SSDs, improving NAND flash pricing trends, along with the continued accelerated digital transformation across end markets," said David Goeckeler, Western Digital CEO.

"Western Digital's strengths in technology and cost leadership, expansive product portfolio and broad routes to market are providing a foundation upon which we are solidifying our position as an essential building block of the digital economy. These strengths, combined with our increased operational and strategic focus enabled by our new business unit structure, are driving results. As we continue to face a dynamic environment, we are seeing the benefits of the synergistic value in the breadth of Western Digital's portfolio, and our unique ability to deliver both hard drive and flash solutions to our diverse end-markets and customer base."

Western Digital has teamed up with Respawn Entertainment to create an Apex Legends -themed memory card for the Nintendo Switch, offering gamers and contenders across the Outlands expanded storage solutions just in time for the universally acclaimed battle royale game to drop into the Nintendo eShop next month.

Featuring the distinctive Apex Legends insignia, players can squad up and battle for glory with the microSDXC card which offers up to 128 GB of expanded storage. Whether it's existing fans who want to ready themselves to jump into the action, or new players looking to compete in the Apex Games for the first time, this microSDXC card ensures any gamer is equipped with the additional space they need to take on more adventures or challenges on their Nintendo Switch system.

Total NAND Flash revenue reached US$14.5 billion in 3Q20, a 0.3% increase QoQ, while total NAND Flash bit shipment rose by 9% QoQ, but the ASP fell by 9% QoQ, according to TrendForce's latest investigations. The market situation in 3Q20 can be attributed to the rising demand from the consumer electronics end as well as the recovering smartphone demand before the year-end peak sales season. Notably, in the PC market, the rise of distance education contributed to the growing number and scale of Chromebook tenders, but the increase in the demand for Chromebook devices has not led to a significant increase in NAND Flash consumption because storage capacity is rather limited for this kind of notebook computer. Moreover, clients in the server and data center segments had aggressively stocked up on components and server barebones during 2Q20 due to worries about the impact of the pandemic on the supply chain. Hence, their inventories reached a fairly high level by 3Q20. Clients are now under pressure to control and reduce their inventories during this second half of the year. With them scaling back procurement, the overall NAND Flash demand has also weakened, leading to a downward turn in the contract prices of most NAND Flash products.

SanDisk Corporation, a Japanese corporation of Western Digital Corporation, changed its organization from the current corporation to a limited liability company on January 1, 2021. SanDisk has decided to change its name to Western Digital. This will change the new trade name to Western Digital GK. New trade name: Western Digital Limited Liability Company, English name: Western Digital GK, Scheduled change date: January 1, 2021.

Western Digital offers NAND flash memory products and HDDs (hard disk drives) at the top level of multiple brand products such as WD and SanDisk brands, from consumers to enterprises and large-scale data centers. We provide total storage solutions developed and mass-produced at. Among them, SanDisk Co., Ltd. has been in charge of the flash memory business, but with this change of trade name, it has become clearer that it is a Western Digital Group, making quicker decisions than ever before, and domestic customers and We aim to create a corporate structure that can further contribute to our business partners.Update 10:27 UTC: Western Digital reached out to us and clarified that this organizational change only pertains to the Japanese entity of Western Digital changing its name from SanDisk Corporation to Western Digital GK. SanDisk Corporation (the Japanese entity) is 100% a subsidiary of Western Digital Corporation. Globally, there have been no changes announced for the SanDisk brand, and existing SanDisk products will continue to carry the brand.

Western Digital is working with Call of Duty to reimagine three high-performance products from the WD_BLACK portfolio, bringing gamers three special edition storage drives that encapsulate the Call of Duty: Black Ops Cold War look and feel with the added bonus of in-game Call of Duty points.1 These three products include the WD_BLACK P10 Game Drive, WD_BLACK P50 Game Drive SSD and the recently announced WD_BLACK SN850 NVMe SSD featuring PCIe Gen 4 technology.

"We are excited that this collaboration with Call of Duty gives us the opportunity to bring these limited edition specially designed drives to their passionate fans," said Jim Welsh, Senior Vice President of Consumer Solutions at Western Digital. "We know gamers are exceptionally serious when it comes to their gameplay, so we created optimized storage solutions that enable them to keep up with the immersive Call of Duty experience."

TerraMaster, a professional brand that specializes in providing innovative storage products including network-attached storage (NAS) devices, launches the F4-210 1 GB version, the same 4-bay NAS for personal cloud storage at a more affordable price. The TerraMaster F4-210 is just a portion of the price of an Intel-based NAS device. The F4-210 supports up to 108 TB of storage and supports 3.5" SATA hard drives and 2.5" SATA hard drives and solid-state drives.

The TerraMaster F4-210 is perfect for users that are looking for a powerful personal cloud storage solution without a hefty investment. Costing just half the price of an equivalent Intel x86 quad-core processor-based NAS storage, the F4-210 can deliver modest read/write speeds of up to 124 MB/s with two WD Red 4 TB hard drives in RAID 0. The F4-210 supports various private cloud services including Google Drive, Dropbox, and OneDrive.

Western Digital Corp. is helping gamers enhance their setups and adapt to the evolving gaming landscape heralded by the next generation of games with today's introduction of three new and upcoming products for its WD_BLACK portfolio of storage solutions. These include its first NVMe solid-state drive (SSD) with next-gen PCIe Gen 4 technology, a fully bootable Gen3 x8 add-in-card and a Thunderbolt 3-powered NVMe SSD gaming dock, each offering eye-catching RGB lighting options.

"As game developers move towards creating immersive titles that require higher performance, consumers need to equip themselves with the best tools to stay up-to-speed," said Jim Welsh, senior vice president, Consumer Solutions, Western Digital. "Innovative, high-performance storage solutions are essential to keep up with this ever-changing landscape. Our latest WD_BLACK products have been purpose-built to allow gamers to meet the increasingly high standards of future games and gaming platforms. We've optimized these products to not only provide more storage for gamers but to elevate the gaming experience as a whole."

Western Digital announced a media event dated October 8, 2020, in which it's expected to announce the next generation of WD_Black line of gaming-grade storage products. Over the years, the WD_Black brand evolved from representing the company's fastest client-segment hard drives to gaming-grade client-segment products, including the company's fastest internal NVMe SSDs, external SSDs for game consoles, and fast external HDDs. Western Digital is expected to unveil its next-generation WD_Black NVMe SSD succeeding the SN750, which could possibly leverage PCI-Express Gen 4. We know this from the three motifs in the teaser image, which denote a desktop PC, notebook, and a console. The media event will be livestreamed on Twitch.