Exhibit 99.1
Western Digital Comments on Power Outage in Yokkaichi Region and
Impact to Yokkaichi Fab Operations
Majority of Wafer Impact Expected to be Contained in the
First Fiscal Quarter of 2020
SAN JOSE, CA – June 27, 2019 – Western Digital Corp. (NASDAQ: WDC) announced that on Saturday, June 15, an unexpected power outage occurred in the Yokkaichi region in Japan, affecting production operations at the flash fabrication facilities operated by the company’s joint venture partner, Toshiba Memory Corporation. The power outage impacted both the facilities and process tools and Western Digital is working closely with its joint venture partner to bring the facilities back to normal operational status as quickly as possible.
Western Digital continues to assess the impact of this event. The company currently expects the incident will result in a reduction of Western Digital’s flash wafer availability of approximately 6 exabytes, the majority of which is expected to be contained in the first quarter of fiscal year 2020.
About Western Digital
Western Digital creates environments for data to thrive. As a leader in data infrastructure, the company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. Everywhere data lives, from advanced data centers to mobile sensors to personal devices, our industry-leading solutions deliver the possibilities of data. Western Digital data-centric solutions are comprised of the Western Digital®,G-Technology™, SanDisk® and WD® brands.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements concerning the size of the wafer availability reduction and the timing of such reduction. These forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. The actual size of the wafer availability reduction or timing of such reduction may differ from management’s current expectations as a result of: updated assessments of the impact to production operations; difficulties in completing the actions required to resume normal operations at the flash fabrication facilities; and other developments that may affect the timing of resumption of normal operations at the flash fabrication facilities. Other risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements include: volatility in global economic conditions; business conditions and growth in the storage ecosystem; impact of
