Product category:
Memory Devices and Modules
News Release from: Kingston Technology
Edited by the Electronicstalk Editorial
Team on 10 May 2004
Kingston takes top slot in memory market
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Kingston Technology has been ranked as the world's number one memory module manufacturer among the third-party memory market by iSuppli Corp.
Kingston Technology has been ranked as the world's number one memory module manufacturer among the third-party memory market by iSuppli Corp Kingston Technology now holds the top spot with more than 20.9% market share - an increase of 6.4% from 2002
This article was originally published on Electronicstalk on 28 Jan 2004 at 8.00am (UK)
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Over the past year, Kingston Technology placed greater emphasis on its ValueRAM, Digital Media, and OEM divisions and as a direct result, sales exceeded expectations with each market segment performing exceptionally well.
The company also broadened its global production focus and augmented capital investment, revealing plans to increase its manufacturing capacity by significantly expanding production facilities in Shanghai, China.
"By empowering employees to attain their goals and in developing close partnerships with key memory suppliers, we were able to introduce new levels of service and product quality to the memory market in 2003", said John Tu, President, Kingston Technology.
"Kingston Technology's philosophy is that our people are the strength of the company.
This ensures Kingston Technology customers the best possible products and care - the proof is our success".
"As the top memory module manufacturer, Kingston Technology plays a key role in the technology circles of the PC industry, serving as partners to DRAM component manufacturers; distributors and resellers; PC OEMs and system integrators", said Nam Hyung Kim, Principal Memory Analyst, iSuppli Corp.
Starting out with only two employees and $120,000 in annual sales for its first year in 1987, Kingston Technology has grown to more than 2000 employees worldwide and exceeded over $1.8 billion in annual sales for 2003.
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