Western Digital Corporation, a major player in the hard disk drive market, has received a neutral rating from UBS.
The company is well-known for its development, manufacturing, and marketing of both internal and external hard disk drives under the Western Digital and WD brands. These products serve a wide range of applications, including PCs, laptops, servers, workstations, storage networks, and consumer electronics.
In terms of geographical distribution, Western Digital's net sales are as follows: 28% from the United States, 4.5% from the Americas, 24.3% from China, 25.7% from Asia, and 17.5% from Europe, the Middle East, and Africa. The company primarily sells its products through system manufacturers, resellers, and retailers, indicating its extensive global market reach.