---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-056949"
form_type: "8-K"
ticker: "WDC"
cik: "0000106040"
company_name: "WESTERN DIGITAL CORP"
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:32:51.565699+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Western Digital to sell 80% of SanDisk Shanghai to JCET for ~$624M

## Summary
- SanDisk China to sell 80% of SDSS to JCET for ~$624M (valuation $780M); closing expected Q3 2024.
- Payment over 5 years: $218.4M at closing, $218.4M in second tranche, $187.2M in five annual installments.
- Proceeds to strengthen balance sheet ahead of planned separation of HDD and Flash businesses.
- Post-closing, JCET owns 80%, SanDisk China retains 20%; SDSS deconsolidated and accounted for under equity method.
- Expected modest reduction in annual op ex and capex for Flash assembly/test; small increase in Flash cost of revenue.

## SEC filing metadata
- accession: 0001193125-24-056949
- form_type: 8-K
- ticker: WDC
- cik: 0000106040
- company_name: WESTERN DIGITAL CORP
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/106040/000119312524056949/0001193125-24-056949-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/106040/000119312524056949/d801542d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-056949
- JSON: https://secwatch.observer/filing/0001193125-24-056949.json
- Plain text: https://secwatch.observer/filing/0001193125-24-056949.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.