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Western Digital Unveils SSD Products, Boosts User Experience
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At Mobile World Congress (“MWC”) and Embedded World, Western Digital Corporation (WDC - Free Report) unveiled two new NVMe (Non-Volatile Memory Express) SSDs namely Western Digital PC SN720 and Western Digital PC SN520. This addresses the need of storage system that enables the fast data applications and new technologies.
Western Digital PC SN720 3D NAND will be available in 256GB, 512GB, 1TB and 2TB capacities on a single-sided M.2 2280 form factor. Western Digital PC SN520A with NVMe performance will be available in 128GB, 256GB and 512GB capacities on single-sided M.2 2280, M.2 2242, or M.2 2230 form factors. It is an exceptionally fast and cost-effective addition to the Western Digital 3D NAND portfolio, consequently providing adequate storage.
According to the press release, manufacturers of IoT devices, computing devices and monitoring systems will benefit greatly from these two new products. The new products will enable the capture and transformation of the massive quantities of data in real-time at the edge of smart city, smart home and personal data environments.
With such launches, we expect Western Digital to strengthen its market position against the likes of Seagate Technology.
According to Cisco GCI estimates, the machine, people and other things will require about 850 zettabytes (ZB) of storage by 2021. The growing demand requires a new storage standard and easy accessibility. We believe that the latest Western Digital’s NVMe client architecture and product portfolio will benefit from pent up demand in the storage market.
With the increasing use of 5G, fast data applications, VR, 4K video editing etc, comes the demand for power efficient high capacity performance storage solutions. Western Digital NVMe 3D NAND SSDs cater to this need and promises enhanced user experience.
These product additions will enhance the company’s existing product portfolio.It will also aid Western Digital in getting a strong foothold in the global SSD market, which per latest data by TechNavio is expected to witness CAGR of 17% during 2016-2020.
In a separate press release Western Digital also unveiled the world’s fastest UHS-I microSD card and PCIe-enabled flash memory card technology, the 400GB SanDisk Extreme UHS-I micro SDXC card at MWC. It will enable users to better capture, preserve, access, share, transform and enjoy their personal content.
It offers up to 160MB/sec sequential read and write speeds, which is more than 50% faster than its previous SanDisk Extreme UHS-I microSD cards. With A2 specification, this storage device is expected to enhance overall drive capacity, reliability and performance.
The company has also expanded its My Cloud solutions with My Cloud EX4, a broader portfolio of network attached storage (“NAS”) hard drives. My Cloud EX4 will help the company meet growing business needs with improved flexibility and security, consequently boosting the top line.
The ongoing transformation to 3D NAND technology is another tailwind. Further, the company’s growing footprint in the automotive as well as the connected home and industrial categories are likely to act as a key catalyst.
Lam Research, NVIDIA and Facebook have a long-term expected EPS growth rate of 14.85%, 10.25% and 26.51%, respectively.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Image: Bigstock
Western Digital Unveils SSD Products, Boosts User Experience
At Mobile World Congress (“MWC”) and Embedded World, Western Digital Corporation (WDC - Free Report) unveiled two new NVMe (Non-Volatile Memory Express) SSDs namely Western Digital PC SN720 and Western Digital PC SN520. This addresses the need of storage system that enables the fast data applications and new technologies.
Western Digital PC SN720 3D NAND will be available in 256GB, 512GB, 1TB and 2TB capacities on a single-sided M.2 2280 form factor. Western Digital PC SN520A with NVMe performance will be available in 128GB, 256GB and 512GB capacities on single-sided M.2 2280, M.2 2242, or M.2 2230 form factors. It is an exceptionally fast and cost-effective addition to the Western Digital 3D NAND portfolio, consequently providing adequate storage.
According to the press release, manufacturers of IoT devices, computing devices and monitoring systems will benefit greatly from these two new products. The new products will enable the capture and transformation of the massive quantities of data in real-time at the edge of smart city, smart home and personal data environments.
With such launches, we expect Western Digital to strengthen its market position against the likes of Seagate Technology.
According to Cisco GCI estimates, the machine, people and other things will require about 850 zettabytes (ZB) of storage by 2021. The growing demand requires a new storage standard and easy accessibility. We believe that the latest Western Digital’s NVMe client architecture and product portfolio will benefit from pent up demand in the storage market.
With the increasing use of 5G, fast data applications, VR, 4K video editing etc, comes the demand for power efficient high capacity performance storage solutions. Western Digital NVMe 3D NAND SSDs cater to this need and promises enhanced user experience.
These product additions will enhance the company’s existing product portfolio.It will also aid Western Digital in getting a strong foothold in the global SSD market, which per latest data by TechNavio is expected to witness CAGR of 17% during 2016-2020.
In a separate press release Western Digital also unveiled the world’s fastest UHS-I microSD card and PCIe-enabled flash memory card technology, the 400GB SanDisk Extreme UHS-I micro SDXC card at MWC. It will enable users to better capture, preserve, access, share, transform and enjoy their personal content.
It offers up to 160MB/sec sequential read and write speeds, which is more than 50% faster than its previous SanDisk Extreme UHS-I microSD cards. With A2 specification, this storage device is expected to enhance overall drive capacity, reliability and performance.
The company has also expanded its My Cloud solutions with My Cloud EX4, a broader portfolio of network attached storage (“NAS”) hard drives. My Cloud EX4 will help the company meet growing business needs with improved flexibility and security, consequently boosting the top line.
The ongoing transformation to 3D NAND technology is another tailwind. Further, the company’s growing footprint in the automotive as well as the connected home and industrial categories are likely to act as a key catalyst.
Zacks Rank and Stocks to Consider
Western Digital carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the broader technology sector are Lam Research Corporation (LRCX - Free Report) and NVIDIA Corporation (NVDA - Free Report) , sporting a Zacks Rank #1 (Strong Buy) while Facebook carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Lam Research, NVIDIA and Facebook have a long-term expected EPS growth rate of 14.85%, 10.25% and 26.51%, respectively.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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