Kingston expects record revenues in 2006
World leading DRAM-module house Kingston Technology estimates its revenues may exceed US$3.6 billion this year, hitting another record for the fourth year in a row. So far, own-brand DRAM modules contribute about 42% to Kingston’s revenues, followed by its OEM business (23%), flash-memory products (21%) and system-specific DRAM-module upgrades (14%), according to the company.
Last year, flash memory products accounted for about US$700 million of Kingston’s revenues of US$3 billion, according to the company. Kingston confirmed a previous estimate that its flash memory products, such as flash memory cards and USB drives, may generate US$1 billion in sales this year and noted that its top three NAND flash suppliers currently include Samsung, Toshiba and Hynix. Discussing perspectives for upcoming DDR3 memory technology, Kingston remained skeptical about its chances to become the mainstream memory type next year or even in 2008. The company agrees that demand for DDR3 will start ramping up in 2007, being supported by Intel and maybe AMD, but Kingston does not expect the new technology to dominate the industry before 2009-2010.
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