Western Digital (WDC) said Monday that it has completed the spinoff of its flash business unit SanDisk (SNDK).
Western Digital said SanDisk is now an independent company and will begin trading Monday on the Nasdaq Stock Market under the ticker symbol "SNDK."
The company said it announced plans to separate SanDisk from its hard disk drive business in October 2023. Western Digital said it will concentrate on its hard disk drive business while Sandisk will hold its flash business.
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