NasdaqGS:WDCTech
Western Digital (WDC) Faces New China Roadblocks As Chip Pressures Build
China has introduced new obstacles for Western Digital and other chip manufacturers that affect operations and access to the Chinese market.
These measures come alongside a major Chinese IPO and the start of state-backed mass production of chip-making machines.
The developments create fresh uncertainty for NasdaqGS:WDC around supply chains and long term market positioning in China.
Western Digital enters this phase of China related pressure after a very large 1 year return and a year to...