Creating Two Independent Public Companies
10
© 2023 WESTERN DIGITAL CORPORATION OR ITS AFFILIATES ALL RIGHTS RESERVED
Creating a Standalone Flash Industry Leader
Business Overview
1600
Creation of a NAND leader to capture the high-growth opportunities in
the flash market
Total Addressable Market Breakdown (1)
Consumer
$89Bn
Client
8%
CY25 TAM
53%
39%
Cloud
Global reach with broadest go-to-market channels including online and
brick and mortar retailers, leading PC and smartphone OEMs,
distributors and direct sales
Broad product line addressing flash-based solutions for the consumer
all the way up to the world's most complex data centers
Premium brand name recognition with the SanDisk family of products
Partner in one of the longest-running and most successful joint ventures
in technology providing scale in core flash cell design and
manufacturing
Strong operational fundamentals with best-in-class capital efficiency and
cost per bit performance
Technology leadership in Client SSD with DRAM-less architectures and
strong partnerships with PC OEMS
15%
CY22-25 CAGR
Revenue Market Share Trend (1)
14%
13%
1.
Yole Intelligence NAND market monitor Q3 2023 (September 2023).
14%
CY21
CY22
H1'CY23
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