Western Digital plans to break itself up, separating its business making traditional hard drives for computers from its flash-memory business.

The move will effectively unwind Western Digital’s $19 billion acquisition of SanDisk in 2016, which combined Western Digital’s then-slowing disk drive business with SanDisk’s chip-based flash storage technology.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source link