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05 Mar 2007
Memory vendor Kingston Technology has hailed 2006 as the best in its 20-year history after reaching ‘record’ turnover of $3.4bn.
The firm initially broke the $1bn sales mark in 1995, hit $2bn in 2004 and smashed the $3bn barrier in 2005.
It cited its Flash memory business, ValueRAM memory and PC OEM business as the main drivers for growth, along with its HyperX memory business in the high-performance gaming market.
John Tu, co-founder of Kingston Technology, said: “Our continued growth is proof that our commitment to high levels of product quality and service has remained strong.”
Dave Flack, director at distributor Catalus, which recently won a deal with Kingston to supply Tesco, said: “Kingston has recognised that although there is a market at the corporate levels, the real volume is at the consumer level. We would like to see it get involved with more large retailers.”
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