from Hacker News

Western Digital to spin off flash business

by dm_me_dogs on 10/30/23, 2:29 PM with 47 comments

  • by bragr on 10/30/23, 3:44 PM

    So saddle all the legacy liabilities in with the legacy business and slowly suck out the equity, while the flash business grows? I can see how that's a win for investors at least. Are the flash products still going to be branded WD?

  • by sgerenser on 10/30/23, 7:01 PM

    They need to come up with a good name for the flash business. Maybe something that indicates their products are like disks, but made from silicon instead of spinning rust. SiliconDisk? Maybe Sand-Disk? Or simplify that to Sandisk?

  • by greatgib on 10/30/23, 5:33 PM

    Usually stock investors don't like diversification within companies. It is harder to value.

    I think that they realized that there is not so much in common between the HDD and flash business. No added value to own the 2 business compared to separated entities.

    With that, the WD legacy HDD business can continue as a dividend stock dying slowly. And the flash business can now pretend to crazy valuations based on a shinny future.

  • by Obscurity4340 on 10/30/23, 4:35 PM

    It would be such a great headline if they worked disk and/or disc into it somehow

    Like

    > Western Digital spins Disk+Disc Businesses off

  • by phendrenad2 on 10/31/23, 3:28 AM

    Which one will get the RISC-V cores?

  • by ulfw on 10/30/23, 4:10 PM

    I will never waste money on a Sandisk SSD again. My last one stopped working out of nowhere. Much happier with my Crucial X10.