{"id":49891,"date":"2023-10-30T14:06:55","date_gmt":"2023-10-30T14:06:55","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/10\/30\/western-digital-is-spinning-off-its-flash-memory-business-as-sales-decline\/"},"modified":"2023-10-30T14:06:55","modified_gmt":"2023-10-30T14:06:55","slug":"western-digital-is-spinning-off-its-flash-memory-business-as-sales-decline","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/10\/30\/western-digital-is-spinning-off-its-flash-memory-business-as-sales-decline\/","title":{"rendered":"Western Digital is spinning off its flash memory business as sales decline"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Western Digital is splitting into two companies: one for its flash business and another for its hard drive storage products. The <a href=\"https:\/\/go.redirectingat.com\/?xs=1&amp;id=1025X1701640&amp;url=https%3A%2F%2Fwww.westerndigital.com%2Fcompany%2Fnewsroom%2Fpress-releases%2F2023%2F2023-10-30-western-digital-to-form-two-independent-public-companies\" target=\"_blank\" rel=\"noopener\">company announced the change<\/a> alongside its earnings results on Monday, noting that spinning off its flash business will allow Western Digital to \u201crealize its full value.\u201d<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">\u201cOur HDD and Flash businesses are both well positioned to capitalize on the data storage industry\u2019s significant market dynamics,\u201d Western Digital CEO David Goeckeler said in a statement. \u201cGiven current constraints, it has become clearer to the Board in recent weeks, that delivering a stand-alone separation is the right next step.\u201d<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/2023\/10\/30\/23938334\/western-digital-separating-hard-drive-flash-business\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Western Digital is splitting into two companies: one for its flash business and another for its hard drive storage products. The company announced the change alongside its earnings results on Monday, noting that spinning off its flash business will allow Western Digital to \u201crealize its full value.\u201d \u201cOur HDD and Flash businesses are both well [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-49891","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/49891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=49891"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/49891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/49892"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=49891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=49891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=49891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}