Kingston Technology Among Top 10 Semiconductor Chip Buyers in the World

Taipei, Taiwan – Feb 21, 2019 – Kingston Technology, 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. Since 2007, Gartner has studied the total allocated market looking at total chip spending across many verticals including PC, smart phone, data center, IoT (Internet of Things) and other applications. Kingston is ranked number 8 with an estimated revenue in 2018 of $7.84 billion (USD), according to Gartner. Their findings reinforce Kingston’s position in the marketplace as the leading third-party supplier of DRAM modules as well as a top manufacturer of SSDs and other memory solutions.

Gartner stated that chip spending in recent years has been driven by the growth of PCs and smart phones. In the past two years especially, high average selling price for DRAM chips accounted for 46 percent of the top 10 OEMs’ chip spending. Gartner further analyzes that these markets are reaching saturation and may slow over the next five years due to weakening smart phone demand as well as the trade war between the United States and China. However, in the coming years, new business opportunities abound ― specifically in China ― in such markets as Cloud servers and IoT.

“While system and server memory continue to be the foundation of Kingston’s success, our strength over the past 10 to 15 years has been to diversify our product portfolio to address industry changes and adapt to ever-evolving market needs,” said Kingston. “We are now one of the top suppliers of SSDs in the channel and have been supplying embedded memory solutions for close to a decade in various industrial applications including medical devices, diagnostic equipment and in-flight entertainment systems. Kingston memory solutions also power everyday consumer products such as robotic vacuums, fitness trackers, video doorbells and smart watches.”

The following chart from Gartner shows the top 10 OEM chip spending:

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About Kingston Technology
Kingston Technology 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 visit www.kingston.com.

About Kingston Technology Company, Inc.

From big data to IoT devices, including laptops, PCs, and wearable technology, Kingston Technology is dedicated to delivering top-tier product solutions, service, and support. Trusted by leading PC manufacturers and global cloud providers, we value our long-term partnerships that help us evolve and innovate. We ensure every solution meets the highest standards by prioritizing quality and customer care. At every step, we listen, learn, and engage with our customers and partners to deliver solutions that make a lasting impact. To learn more about Kingston Technology and our “Built on Commitment” vision, visit Kingston.com.

Kingston and the Kingston logo are registered trademarks of Kingston Technology Corporation. All rights reserved. All other marks may be the property of their respective titleholders.

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