Western Digital Corporation (“WDC”) was founded in 1970 and is headquartered in Irvine, California. WDC primarily engages in the design, development, manufacture, and sale of hard drives worldwide. The company’s hard drives are used in desktop computers, notebook computers, enterprise storage products, servers, workstations, video surveillance equipment, networking products, digital video recorders, satellite and cable set-top boxes, and external storage appliances.
I believe WDC is a quality business and trading at a cheap price. You can read the write up here. It is my submission for the GuruFocus value idea contest for June 2011.
Disclaimer: Accounts managed by Motiwala Capital have a long position in WDC at the time of this post.