SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 24, 2004
WESTERN DIGITAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 1-08703 | 33-0956711 |
20511 Lake Forest Drive, Lake Forest, California | 92630 |
|
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
TABLE OF CONTENTS
Item 9. Regulation FD Disclosure
Item 9. Regulation FD Disclosure
In meetings with institutional investors and analysts on February 24, 2004 and at the Goldman Sachs Technology Investment Symposium 2004 on February 25, 2004, officials of the Company expect to provide an update on certain current conditions in the hard drive industry. A live and archived webcast of the February 25, 2004 symposium will be available in the Investor Relations section of the Company’s website at http://www.westerndigital.com/invest/ on the Presentations page.
Specifically, the Company will indicate the following regarding the environment in the desktop hard drive industry thus far in the March quarter:
• | Overall demand is on track with expectations | |
• | The industry’s weeks of inventory in the distribution channel and the Company’s channel inventory levels have declined since January 1, 2004 | |
• | Industry data indicates that sell-through has exceeded sell-in | |
• | Desktop pricing has been moderate | |
Additionally, the Company will indicate that its specific initiatives, such as the ramp of head production, mobile hard drive development, SATA enterprise, and PVR/DVR activities, are all on track.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
WESTERN DIGITAL CORPORATION | ||
| By: | /s/ Raymond M. Bukaty |
Raymond M. Bukaty | ||
Dated: February 24, 2004