Western Digital Corporation, a major player in the hard disk drive market, has received a neutral rating from UBS. The company is renowned for its development, manufacturing, and marketing of 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. Western Digital's sales are spread across different regions, with the United States accounting for 28% of net sales. Other significant markets include China at 24.3%, Asia at 25.7%, and Europe, the Middle East, and Africa at 17.5%. The company also generates 4.5% of its sales from the Americas, highlighting its diverse geographic presence in the global market.