Kingston Technology Takes Top Spot as DRAM Module Supplier
Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced it has been ranked the top DRAM module supplier in the world, according to the latest rankings by DRAMeXchange, a division of TrendForce. Kingston retains its number 1 position with an estimated 72.17 percent market share, according to TrendForce. Their findings reinforce Kingston's position in the marketplace as the leading third-party supplier of DRAM modules. The rankings for 2018 mark the 16th consecutive year that TrendForce has placed Kingston in the top spot.
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Kingston retains top spot on 2018 global revenue ranking of DRAM module makers (Graphic: Business Wire)
TrendForce states that spot prices stayed high in 1H18, even surpassing contract prices by over 20 percent. Despite rising inventory levels and price decreases in 2H18, the report indicates module manufacturers were still able to generate plenty of revenue and profit. Some of the prominent trends and growth drivers the market is witnessing include the growing popularity of online media streaming, recent technological developments in IoT, and the shift to data center and Cloud computing services.
"While Kingston considers TrendForce's estimates overly generous, it nonetheless follows the trajectory of the company's growth in all of its business segments," said Mike Mohney, DRAM business manager, Kingston. "In 2018, we were able to produce over 14 trillion MBs of memory across all product lines including DRAM, SSDs and embedded solutions. his massive amount, tremendous good fortune, and the findings from TrendForce reinforces our company's strength, position and importance as a whole in the industry."
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About Kingston Technology Company, Inc.
Kingston Technology Company, Inc. is a world leader in memory products and technology solutions. Through its global network of subsidiaries, affiliates and manufacturing facilities, Kingston designs, manufactures, tests and distributes DRAM, Flash and Embedded memory solutions as well as peripheral products via its HyperX gaming brand. Kingston has sales offices and representatives worldwide including in the United States, Canada, China, Europe, Eastern Europe, India, Latin America, Russia and Taiwan. For more information, please call 877-546-4786 or visit http://www.kingston.com.
Editor's Note: For additional information, evaluation units or executive interviews, please contact David Leong, Kingston Technology Company, Inc. 17600 Newhope Street, Fountain Valley, CA (News - Alert) USA 92708, 714-438-1817 (Voice). Press images can be found in Kingston's press room here.
Kingston and the Kingston logo are registered trademarks of Kingston Technology Corporation. IronKey is a registered trademark of Kingston Digital, Inc. All rights reserved. All trademarks are the property of their respective owners.
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