Our strategic priorities, business goals and near-term focus areas remain unchanged. The lifting of substantial portions of the “hold separate” restriction enables us to accelerate initiatives focused on delivering value to our customers and shareholders.
As part of the agreement with MOFCOM, we will continue to operate both HGST and WD product brands in the market and maintain separate sales teams for two years from the date of the decision. The HGST and WD sales teams will each be managed by a separate vice president of sales who will both report into the same Western Digital senior vice president of sales.