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Kingston Technology's Revenue Climbs to Record $6.5 Billion in 2010
India PRwire
2011-03-16

Kingston Technology Corporation, the independent world leader in memory products, today announced that its global revenue in 2010 soared to a record $6.5 billion (U.S.), the highest ever in company history.

March 15, 2011 /India PRwire/ -- Kingston Technology Corporation, the independent world leader in memory products, today announced that its global revenue in 2010 soared to a record $6.5 billion (U.S.), the highest ever in company history. The $2.4 billion increase in sales over 2009 was attributed primarily to a rise in average selling price (ASP) and increased shipment volume.

"Our company was able to take advantage of an improving global economy as well as catch some lucky breaks to achieve our best sales year ever in 2010," said David Sun, co-founder, Kingston. "We are very fortunate to have dedicated and hard-working employees who work tirelessly along with our partners and vendors to make sure that Kingston's customers are treated with respect and always taken care of."

Kingston saw a rise in ASP for most of its product lines in 2010 particularly during first quarter, a trend which continued for the remainder of the year. Demand was also healthy from both corporate end customers and consumers, as evidenced by growth in the OEM and Flash business divisions.

Kingston's revenue was $4.1 billion in 2009. The company's second-highest grossing year was in 2007, when sales reached $4.5 billion. Kingston first reached the $1 billion mark in global sales in 1995, surpassing it with $2 billion in 2004 and $3 billion in 2005.

For detailed information please visit the Kingston Web site at www.kingston.com/india

Kingston memory cards and modules are backed by a life-time warranty; USB Flash drives carry a five-year warranty, and SSDNow products are backed by a three-year warranty. All Kingston products enjoy free tech support and Kingston's legendary reliability. For more detailed information, please visit: www.kingston.com/india

To discuss this product on Kingston Blog, please go to www.kingston-blog.com. To try the game "Challenge Your Memory", please go to

www.kingston-blog.com/challenge_your_memory/en/. To get the freshest information on Kingston, please go to http://twitter.com/KingstonFEPR.

To find out if your Kingston product is genuine, Kingston also provides an online verification site: www.kingston.com/asia/verify. To try the game "Search for Genuine Kingston", please go to anti-counterfeit.kingston-blog.com. For the interesting animation: The Adventures of Rex, please visit: www.theadventuresofrex.com.

Availability

DRAM:

Ingram Micro, Neoteric Informatique Limited, HCL Infosystems Limited, Compuage Infocom Limited, Shree Pati Computers Private Limited.

Flash:

Avnet India Pvt Ltd, HCL Infosystems Limited, Compuage Infocom Limited, Shree Pati Computers Private Limited, Sunrise Infosolutions Private Limited.

Address: Kingston Technology

Liaison Office (India)

808, Palm Spring Center,

Above Croma,

Link Road,

Malad West,

Mumbai - 400064

Phone number: 022 42230300

Fax: 022 42230399

Email: sales_india@kingston.com

Website: www.kingston.com/india

About Kingston Technology Company, Inc

Kingston Technology Company, Inc. is the world's largest independent manufacturer of memory products. Kingston designs, manufactures and distributes memory products for desktops, laptops, servers, printers, and Flash memory products for PDAs, mobile phones, digital cameras, and MP3 players. Through its global network of subsidiaries and affiliates, Kingston has manufacturing facilities in California, Taiwan, China, and sales representatives in the United States, Taiwan, China, India, Australia, Vietnam, Europe, Russia, Ukraine, Turkey, and Latin America. For more information, please visit http://www.kingston.com/india

# # #

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.

Source: Press release distribution via India PRwire

For more information, please contact:
Esther Chung (Account Assistant Manager) (L) 9867582091


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