Tech Stocks in Hub= Western Digital Corp (NASDAQ:WDC), Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM)
Western Digital Corp (WDC) declared that Sanjay Mehrotra has stepped down from the company’s board of directors, effective right away. Mehrotra, co-founder and former chief executive officer of SanDisk Corporation, joined the Western Digital board in May 2016 upon the completion of the company’s acquisition of SanDisk.
“I am happy with the highly successful integration of SanDisk into Western Digital and with the team’s leadership as they create a broad-based storage industry leader and execute on the transition to next-generation 3D NAND technology,” said Mehrotra. “With these and other planned programs on track, the time is right for me to evaluate the next challenge in my career. I remain supportive of the company and its strategy.”
“We are grateful to Sanjay for his contributions as a member of the board during the integration of our two companies,” said Steve Milligan, chief executive officer, Western Digital. “His wisdom and expertise have been invaluable during this important stage of transformation at Western Digital, and he has left a lasting legacy from his SanDisk years. We wish him the best.”
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (TSM) engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits, color filters, and other semiconductor devices. The company is also involved in manufacturing masks; and wholesaling and retailing electronic materials. In addition, it provides marketing and engineering support services; and customer service and technical support services, in addition to sells electronic parts and solar related products. The company operates in Taiwan, the United States, Asia, Europe, the Middle East, Africa, and internationally. Taiwan Semiconductor Manufacturing Company Limited was founded in 1987 and is headquartered in Hsinchu, Taiwan.