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| Kingston 2005 YTD Sales Skyrocket to $3 Billion Kingston Technology Corporation has 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. Over the past few years, Kingston has placed considerable emphasis on its Flash products, its ValueRAM product line of industry-standard memory and also its PC OEM business. Additionally, Kingston's HyperX brand of memory continues to carve deeper inroads into the high-performance gaming/enthusiast market. Since the company's founding, Kingston has maintained a reputation for quality and expertise in the memory industry and cites its strong relationships with employees, vendors and customers as key to its success. In its first year of operation Kingston had only two employees and $120, 000 in annual sales. Today the company has grown to more than 2, 800 employees worldwide. write your comments about the article :: © 2006 Computing News :: home page |