- Rankings by Revenue Places Kingston No. 1 with 78.02% Market Share
- Memory Leader Primed for DDR5 Launch
FOUNTAIN VALLEY, Calif.–(BUSINESS WIRE)–#KingstonIsWithYou–Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced it has been ranked top third-party DRAM module supplier in the world, according to the latest rankings by revenue from analyst firm TrendForce (formerly DRAMeXchange). Kingston retains its number 1 position with an estimated 78.02% market share on $13.2B (USD) revenue. TrendForce states that Kingston increased revenue by 2.03% YOY marking the 18th consecutive year that Kingston has held the top spot.
Kingston maintains its competitive advantage by working closely with its suppliers, partners, and customers to remain flexible and adapt to ever-changing needs and market conditions. A driving force to Kingston’s success is their working attitude of ‘Kingston Is With You’. As one of the leading buyers of DRAM chips in the world, Kingston saw an early need for memory chips in certain markets and took a proactive approach to secure additional components needed for the potential demand such as purchasing component inventory that was bogging down their partner’s warehouses. The popular thought in early 2020 was that the technology sector would slow down due to the pandemic, but Kingston took the initiative to be prepared for those segments that would require additional DRAM; work from home PCs, gaming memory, and server farms that needed more memory for the onslaught of online purchases and activity.
The chart below shows the top 10 DRAM module suppliers rankings provided by TrendForce:
Additionally, with the next generation of DDR fast approaching, Kingston is primed to provide customers with the cutting-edge speeds of DDR5. Kingston’s strong relationship with Intel will help ensure “stride for stride” solutions with Intel’s latest product launches.
“TrendForce’s findings reflect the company’s continued growth and flexibility to tackle a challenging business climate,” said Yo Chen, VP DRAM business unit, Kingston. “Our leading position in the market allows us to collaborate closely with our partners and vendors, and to provide education and guidance on new technology, like 16Gbit modules and the upcoming DDR5 launch, to our customers.”
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About Kingston Technology Company, Inc.
From big data, to laptops and PCs, to IoT-based devices like smart and wearable technology, to design-in and contract manufacturing, Kingston helps deliver the solutions used to live, work and play. The world’s largest PC makers and cloud-hosting companies depend on Kingston for their manufacturing needs, and our passion fuels the technology the world uses every day. We strive beyond our products to see the bigger picture, to meet the needs of our customers and offer solutions that make a difference. To learn more about how Kingston Is With You, visit Kingston.com.
Editor’s Note: For additional information, evaluation units or executive interviews, please contact PR Team, Kingston Technology Company, Inc. 17600 Newhope Street, Fountain Valley, CA USA 92708, 714-435-2600 (Voice). Press images can be found in Kingston’s press room kingston.com/company/press/
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