Wednesday, May 20, 2009
WD Sells Factory
Lake Forest-based disk drive maker Western Digital Corp. reported today that it has agreed to sell the assets of its media substrate manufacturing facility in Sarawak, Malaysia to Hitachi Global Storage Technologies. According to WD, the sale is part of an effort by the firm to "realign its cost structure" to match softer demand for its products. WD's Sarawak, Malaysia facility manufactured aluminum substrates for magnetic media, and was originally part of Komag, which was acquired by WD in September of 2007. WD said that employees at the Sarawak facility will join Hitachi. The firm continues to maintain a similar facility in Johor, Malaysia.