TweakTown
Tech content trusted by users in North America and around the world
6,197 Reviews & Articles | 39,998 News Posts
TRENDING NOW: Intel teases its Haswell-EX processor, which will feature 36 threads

Western Digital partially restore production in one factory in Thailand

WD partially restore manufacturing at a plant in Thailand

| Storage News | Posted: Dec 5, 2011 1:26 am

Good news for once regarding the flooding in Thailand and HDD manufacturers! Western Digital have reportedly restored production at at least one of their HDD manufacturing plants in Thailand one week ahead of schedule.

 

TweakTown image news/2/1/21777_1_western_digital_partially_restore_production_in_one_factory_in_thailand.jpg

 

WD have also just increased their revenue outlook for the current quarter because of this, where they now expect $1.8 billion in revenue instead of the $1.05 to $1.25 billion previously estimated. Western Digital CEO John Coyne has said:

 

Much work remains to be done, but we couldn't be more pleased with the effort and results thus far, including tremendous support from our supply partners and customers. The passion, perseverance, ingenuity and execution exhibited by the Western Digital team has been extraordinary and enabled us to make substantial progress in partially restoring our operations in Thailand.

 

Other operations, however, remain submerged in just under two feet of water, but are expected to be pumped dry within the next we ek or so, after which they'll require decontamination and will need to be refurbished. The clean up operations is said to cost WD something like $50 million, on top of the $225-$275 million in related charges to the flood.

NEWS SOURCES:Techspot.com

Related Tags

Further Reading: Read and find more Storage news at our Storage news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest Tech News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases