The veteran US drive maker said today that its board of directors had unanimously approved a plan to carve up operations, creating two new public companies that it believes will better position each business to exploit market opportunities.
He claimed WD has already laid the groundwork for the split via the creation of separate flash and HDD product business units and separating operational capabilities over the past several years. last year, when it complained that Western Digital had not lived up to expectations following the 2016 purchase of SanDisk, a sizable maker of flash memory.
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UK Government Announces Measures to Help Northern Ireland Deal with Rising Energy PricesThe UK government has revealed plans to implement a cap on the unit price of electricity and gas in Northern Ireland, similar to the rest of the UK. The cap will come into effect in November, one month later than in other regions. Additionally, a £400 Energy Bills Support payment will be provided to households, with an extra £100 heating oil payment. The money will be paid directly to electricity companies and delivered through bill discounts. The first instalment of £326 has already been paid to seven million people, and it is expected that Northern Ireland residents will receive their payments before Christmas.
Source: BBCNewsNI - 🏆 95. / 52 Read more »