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Kingston 2005 YTD Sales Skyrocket to $3 Billion

Kingston Technology had their 2005 product revenue increase 22% from 2004 and for the first time ever broke the $3 billion mark. Kingston continues to be the leader in the memory industry and we expect 2006 to be no different than years past. Right now Kingston has a $25 rebate on select modules, which means you can get a 1GB kit of PC-3200 HyperX memory for just $79! With offers like this it's no wonder Kingston pulls in $3 billion!

Kingston Technology Corporation, the world's largest independent memory module manufacturer, today announced total product revenue for 2005 increased by over 22% (from 2004), rising to $3 billion and marking the highest revenue the company has attained since its founding in 1987. After exceeding its first $1 billion in sales in 1995, Kingston surpassed original estimations of reaching its first $2 billion in sales for 2004 finishing instead at $2.45 billion. Going beyond initial expectations for 2005, Kingston achieved $3 billion in year-to-date sales. Key factors in hitting the $3 billion milestone so quickly include continued performance increases in several key business areas and stronger focus on developing memory market segments for global production expansion.

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Posted by | Thu, Feb 16, 2006 - 08:04 AM