Kingston revenues climb to new high
2011-03-16
Memory maker Kingston continued its growth march in the year 2010 and ended the year with handsome figures by reporting record revenues of $6.5 billion, the highest in the company’s 25 year history. The good results are primarily attributed to a rise in average sales prices and improved demand generated by the economic recovery. In 2009, Kingston reported revenues of $4.1 billion. Kingston was ranked No. 1 in the world by independent research firm iSuppli in the third-party DRAM module market for the first six months of 2010. According to the report, Kingston’s market share of the total third-party memory module was 45.8%, surpassing the second place supplier (7.6%) by 38.2 percentage points.
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