Western Digital Q4 net profit rose 170% | HDD hard disk shipments fell to 39 million

Western Digital Corporation today released its Q4 financial report for the 2018 fiscal year and the financial report for the fiscal year 2018. The Q4 quarter revenue was 5.11 billion US dollars, an increase of 5.7%, and the annual revenue was 20.6 billion US dollars, an increase of 8%.

In Q4, China and the West shipped 39 million HDD hard drives, down from 39.3 million in the same period last year. The average price has also increased from 63 US dollars to 70 US dollars.

Since Western Digital has acquired Sandisk SanDisk, their business is no longer dominated by HDD hard drives. Revenue in Q4 quarter was $5.117 billion, up 5.7% from $54.84 billion in the same period last year. Operating profit was $843 million, net profit was $756 million, while operating profit for the same period last year was $652 million, $280 million. , which rose by 29% and 170% respectively.

For the whole year, Western Digital's revenue was US$20.6 billion, operating profit was US$3.6 billion, net profit was US$675 million, and revenue for FY2017 was US$19.1 billion, operating profit was US$2 billion, and net profit was US$397 million, but non-GAAP. According to the rules, Western Digital's operating profit is 5.4 billion US dollars, net profit is 4.5 billion US dollars, and operating profit under non-GAAP rules in 2017 is 3.9 billion US dollars, net profit is 2.7 billion US dollars, indicating that Western Digital's business is still normal this year.

Specific to the product line, HDD hard disk shipments in the Q4 quarter were 39 million units, down 300,000 units compared to 39.3 million units in the same period last year. Among them, enterprise-level, private-label sales are growing, but the notebook, desktop and consumer electronics markets are shipping. Sliding down. In addition, although sales continued to decline, the average price of HDD hard drives has been rising, compared with 63 US dollars in the same period last year, and the Q4 fiscal quarter has risen to 70 US dollars.

The situation in the HDD market has not been recovered by Western Digital efforts. Not long ago, Western Digital announced the closure of Malaysia's HDD hard disk plant, while strengthening Malaysia's SSD hard disk factory investment.

In addition, HDD products are technically nothing new. The maximum capacity of shipments is still 14TB full-loaded hard drives. The good news is that the total shipments since the release of the hard drive have exceeded 30 million. On the next generation of MAMR microwave-assisted recording mechanical hard disk, Western Digital expects to sample in the second half of this year and officially mass production in 2019.

In terms of NAND flash memory and SSD hard disk, Western Digital has mass-produced 64-layer 3D NAND flash memory this year. Recently, it also announced a 96-layer stack of QLC flash memory. On the eve of the release of the financial report, it also launched a 15.36TB capacity Ultrastar DC SS530 SAS hard disk. The series was originally promoted by the HGST brand, but now it is marked with the WDC Western Digital logo.

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