PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Catalysis Communications

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Kingston Technology Boosts Memory Shipments in 2008 - Volume up 41 per cent as company revenues finish at $4 billion
Kingston Technology Boosts Memory Shipments in 2008

 

NewswireToday - /newswire/ - London, United Kingdom, 2009/03/09 - Volume up 41 per cent as company revenues finish at $4 billion.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Computer Hardware/Storage Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Kingston Technology Corporation, the independent world leader in memory products, today announced that in 2008, it achieved a record 41 per cent increase in total memory units shipped over 2007 volume. Despite oversupply, average selling price erosion and a weakened global economy contributing to a down year in the memory industry, Kingston gained significant market share in both DRAM and Flash memory. The company’s global sales totaled $4.0 billion U.S., a $500 million decrease from record-setting revenues in 2007.

“Kingston, like our competitors, was affected by the industry downturn and memory chip saturation of 2008,” said John Tu, co-founder, Kingston. “However, our strong finances and solid cash reserves allowed us to remain nimble and flexible as we adjusted and adapted to the ever-changing market conditions. We consider ourselves very fortunate to be in a secure position given the current state of the economy.”

“We have always focused on improving efficiency but we’ve had to sharpen that focus during this tough time,” said David Sun, co-founder, Kingston. “The storm is not over yet, but we will be alright moving ahead. Since our employees are as determined as John and I, and we have the continued support of our partners, vendors and customers, we know things will work out just fine.”

Despite the drop in overall revenue, Kingston posted substantial increases in unit volume in all product lines: Flash memory, Branded memory, ValueRAM industry-standard memory and HyperX for gamers and enthusiasts.

Kingston first reached the $1 billion mark in global sales in 1995, surpassing it with $2 billion in 2004 and $3 billion in 2005.

About Kingston Technology Corporation
Founded in 1987, Kingston Technology Corporation (kingston.com) offers a wide range of quality memory products and services designed for increased productivity and overall system performance. Through its ownership of Kingston Technology Company, Inc. and Kingston Digital, Inc., Kingston Technology Corporation is one of the world’s leading manufacturers of memory modules and digital media products. For more information, please call +44(0)19 3273 8888.

Kingston and the Kingston logo are registered trademarks of Kingston Technology Corporation. All rights reserved. All other marks may be the property of their respective titleholders.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Computer Hardware/Storage Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Catalysis Communications

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Computer Hardware/Storage articles,
CATCH Visitors via Your Competitors Announcements!


Kingston Technology Boosts Memory Shipments in 2008

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Kate Bonner - Catalysis.co.uk 
+44 (0)20 7107 2470
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Catalysis Communications securities in any jurisdiction including any other companies listed or named in this release.

Computer Hardware/Storage via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Catalysis Communications / Company Profile


Read Computer Hardware/Storage Most Recent Related Newswires:

ATEN Launches New 32x32 Modular Matrix Switch Solution
Atlona Launches New Program for Education Market
Eurotech Receives 2016 IoT Excellence Award
Moxa Launches 18-Slot Rackmount Chassis Media Converter for High Port-Density Applications
ATEN Partners with Leading Brazil AV Distributor Discabos Group
Eurotech and Vintech Partner Up to Provide Industrial IoT and Smart City Solutions in India
Eurotech Announces Comtrade Digital Services as A System Integrator for its IoT Solutions
Korenix Introduces NEMA-TS2 Industrial L3 Managed PoE Switch for IP Surveillance Market
ATEN Introduces Industry-First 4K Dual-View Thunderbolt™ 2 Sharing Device
Eurotech Adds Two New Products to its Family of Fanless and Rugged COM Express Modules and Announces the Development of A New i.MX6 Based SBC
Eurotech Reveals New Products Based on Intel® Core™ Processors for Demanding High Performance and Graphics Embedded Solutions
Korenix Aimed its New 802.11ac Industrial Wireless AP at Harsh Industrial & Outdoor Applications
Frost & Sullivan Commends Dell’s Dominance of the Embedded PC Market, Born of its Exceptional Embedded Box PC 3000 and 5000 Series
Atlona Adds Almo Professional A/V to Growing North America Dealer and Distributor Network
Moxa Introduces High I/O Density Rackmount Computers for Efficient Data Processing on the Industrial IoT

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)