Kingston Achieves Sales Milestone in 2008

Kingston has been around and is really known as a reliable distributor of memory chips and units throughout the years. And to prove that they are indeed making great progress in keeping up with their niche, people just have to look at their 2008 performance to undermine that Kingston is indeed up and about as far as memory unit distribution is concerned.

Kingston Technology Corporation, the independent world leader in memory products, today announced that in 2008, it achieved a record 41-percent 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.

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

With that piece of information, expect Kingston to continue to come up with better products and broaden its distributing efforts in delivering quality memory modules aimed at the techie geeks of today.

Founded in 1987, Kingston Technology Corporation offers a wide range of quality memory products and services designed for increased productivity and overall system performance.

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