Kingston Technology Among Top 10 Semiconductor Chip Buyers in the World
Kingston Technology Among Top 10 Semiconductor Chip Buyers in the World
Sunbury-on-Thames, UK – July 24th, 2019 – Kingston Technology Europe Co LLP, a world leader in memory products and technology solutions, today announced it is among the top 10 list of semiconductor chip buyers globally as determined by Gartner, Inc. Gartner studied the total allocated market looking at total chip spending across many verticals including PC, data center, smart phone, IoT (Internet of Things) and other applications. Kingston is ranked number 8 having spent an estimated $7.84 billion (USD) for 2018, according to Gartner.
Kingston climbed to the top 10 for the first time since Gartner began its design total allocated market (TAM) research in 2007. The increase is fueled in part because Kingston is a top memory manufacturer for many of the OEM and ODMs that produce smart devices and Kingston continues to offer value and service in these market segments. In 2018, Kingston produced over 14 trillion Megabytes of memory across all product lines including DRAM, SSDs and embedded solutions, a massive amount that reinforces its strength, position and importance in the industry.
Gartner stated that chip spending in recent years has been driven mainly by the growth in consumption of PCs and smart phones. Leading OEMs in these areas gained more market share and increased their chip buying power as a result. Gartner further predicts that other growth markets will ignite future demand such as new business opportunities in China focusing on Cloud servers and Internet of Things (IoT) endpoints that will arise in and after 2022. With Kingston’s buying power, global partnerships and manufacturing facilities located in China and the Asia-Pacific region, Kingston is positioned to take full advantage of these growth opportunities.
“While server and system memory continue to be the foundation of Kingston’s success, our strength over the past 15 years has been to diversify our product portfolio to address industry changes and adapt to ever-evolving market needs,” said Robert Allen, European director of Marketing & Technical Services. “We are one of the top suppliers of SSDs in the channel and have been supplying embedded memory solutions for almost a decade in various industrial applications including medical devices, diagnostic equipment and in-flight entertainment systems.
Kingston memory solutions are also found everywhere including consumer products such as fitness trackers, smart watches, robotic vacuums and security video doorbells.”
The following chart from Gartner shows the top 10 OEM chip spending:
For more than 30 years, Kingston has created memory products and storage solutions that empower innovation. Today, Kingston ships to 125 countries and employs over 3,500 people around the world. Kingston develops products to increase productivity and overall system performance, with solutions for servers, desktops, and IoT devices. Kingston makes technology solutions that facilitate people’s everyday needs and supports them wherever they are.
For more information visit www.kingston.com.
Kingston can be found on:
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About Kingston Technology Europe Co LLP.
Kingston Technology Europe Co LLP is an affiliate of Kingston Technology Company, Inc. the world’s largest independent manufacturer of memory products. Kingston designs, manufactures and distributes memory products for desktops, laptops, servers, printers, and Flash memory products for computers, digital cameras and mobile devices. Through its global network of subsidiaries and affiliates, Kingston has manufacturing facilities in California, Taiwan, China and sales representatives in the United States, Canada, Europe, Russia, Turkey, Ukraine, Australia, India, Taiwan, China, and Latin America. For more information, please call +44 (0)1932 738888 or visit www.kingston.com.
Editor’s Note: For additional information, evaluation units or executive interviews, please contact Debbie Fowler, Kingston Technology Europe Co LLP, Kingston Court, Brooklands Close, Sunbury-on-Thames, TW16 7EP. 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.
Media Relations:
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Debbie Fowler |
Felix Leach |
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Kingston Technology Europe Co LLP |
Zaboura Communications |
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07775 695 576 |
+44203 588 0804 |
Kingston can be found on:
About Kingston Technology Europe Co LLP
Kingston Technology Europe Co LLP and Kingston Technology Company, Inc., are part of the same corporate group (“Kingston”). Kingston is the world’s largest independent manufacturer of memory products. 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 information please contact Debbie Fowler, Kingston Technology Europe Co LLP, Kingston Court, Brooklands Close, Sunbury-on-Thames, TW16 7EP. Press images can be found in Kingston’s press room.
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Kingston and the Kingston logo are registered trademarks of Kingston Technology Corporation. IronKey is a registered trademark of Kingston Digital, Inc. Kingston FURY and the Kingston FURY logo are trademarks of Kingston Technology Corporation. All rights reserved. All trademarks are the property of their respective owners.
Media Relations:
EMEA PR Team
Kingston Technology Europe Co LLP
+44 (0) 1932 738888
[email protected]
Maggie Zaboura
Zaboura Consultancy Ltd
+44 (0) 2072973371
[email protected]