Hitachi Buying Western Digital Factory

LAKE FOREST, Calif. (AP) -- Hard drive maker Western Digital Corp. said Wednesday it agreed to sell a Malaysia manufacturing facility to a unit of Japan's Hitachi Ltd.

Financial terms were not disclosed. Western Digital's employees at the facility will become employees of the buyer.

The factory makes aluminum substrates for hard drives. Western Digital acquired it when it bought Komag Inc. in 2007. The sale is part of the company's cost-cutting measures disclosed in December.

The deal is expected to close in the current quarter.

Shares of Western Digital slipped 19 cents $24.27 in afternoon trading.

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