{"id":24706,"date":"2011-03-15T15:00:36","date_gmt":"2011-03-15T15:00:36","guid":{"rendered":"http:\/\/alienbabeltech.com\/main\/?p=24706"},"modified":"2011-03-15T15:02:30","modified_gmt":"2011-03-15T15:02:30","slug":"kingston-record-2010-revenues-may-indicate-a-recovering-economy","status":"publish","type":"post","link":"http:\/\/alienbabeltech.com\/main\/kingston-record-2010-revenues-may-indicate-a-recovering-economy\/","title":{"rendered":"Kingston record 2010 revenues may indicate a recovering economy"},"content":{"rendered":"<p><script type=\"text\/javascript\">\/\/ <![CDATA[\n google_ad_client = \"pub-7021221536180758\"; \/* 468x60, created 11\/11\/09 *\/ google_ad_slot = \"1949837292\"; google_ad_width = 468; google_ad_height = 60;\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\" type=\"text\/javascript\">\n<\/script><\/p>\n<h2>Kingston Technology Revenues Climb to Record $6.5 Billion in 2010<strong><em> <\/em><\/strong><\/h2>\n<p><strong><em>&#8211;Company Achieves Highest Sales Year Ever Since Founding in 1987<\/em><\/strong><\/p>\n<p><strong><em> <\/em><\/strong><\/p>\n<p><strong><em>Fountain Valley, CA &#8212; March 14, 2011 &#8212; <\/em><\/strong>Kingston Technology  Corporation, the independent world leader in memory products, today announced that its global revenues in 2010 soared to a record $6.5  billion (U.S.), the highest ever in company history. The $2.4 billion  increase in sales over 2009 was attributed primarily to a rise in average selling price (ASP) and  increased shipment volume.<\/p>\n<p>\u201cOur company was able to take advantage of an improving global economy as well as catch some lucky breaks to achieve our best sales year ever in 2010,\u201d said David Sun, co-founder, Kingston. \u201cWe are very fortunate to have dedicated and hard-working employees who work tirelessly alongside our partners and vendors to make sure that Kingston\u2019s customers are treated with respect and always taken care of.\u201d<\/p>\n<p>Kingston saw a rise in ASP for most of its product lines in 2010 particularly during first quarter, a trend which continued for the remainder of the year. Demand was also healthy from both corporate end customers and consumers, as evidenced by growth in the OEM and Flash business divisions.<\/p>\n<p>Kingston\u2019s revenues were $4.1 billion in 2009. The company\u2019s second-highest grossing year was in 2007, when sales reached $4.5 billion. Kingston first reached the $1 billion mark in global sales in 1995, surpassing it with $2 billion in 2004 and $3 billion in 2005.<\/p>\n<p>For detailed information please visit the Kingston Web site at <a href=\"http:\/\/www.kingston.com\/\" onclick=\"_gaq.push(['_trackEvent', 'outbound-article', 'http:\/\/www.kingston.com\/', 'www.kingston.com']);\" target=\"_blank\">www.kingston.com<\/a>.<\/p>\n<p><strong> <\/strong><\/p>\n<p><strong>About Kingston Technology Corporation<\/strong><\/p>\n<p>Founded in 1987, Kingston Technology Corporation offers a wide range of quality memory products and services designed for increased productivity and overall system performance. Through its ownership of Kingston Technology Company, Inc. and Kingston Digital, Inc., Kingston Technology Corporation is one of the world\u2019s leading manufacturers of memory modules and digital media products.<\/p>\n<p>This is wonderful news and a big congratulations to Kingston!\u00a0\u00a0 Of course, with the latest unrest and disasters, recovery is still fragile, yet it is one more sign of technology leading the way for a recovering economy.\u00a0 Next month ABT intends to visit the Kingston headquarters for a facilities tour and interview.<\/p>\n<blockquote><p>Please join us in our <a href=\"http:\/\/alienbabeltech.com\/abt\/index.php\" target=\"_blank\">Forums<\/a><\/p>\n<p>Become a Fan on <a href=\"http:\/\/www.facebook.com\/pages\/AlienBabelTech\/123268467142\" onclick=\"_gaq.push(['_trackEvent', 'outbound-article', 'http:\/\/www.facebook.com\/pages\/AlienBabelTech\/123268467142', 'Facebook']);\" target=\"_blank\">Facebook<\/a><\/p>\n<p>Follow us on <a href=\"http:\/\/twitter.com\/alienbabeltech\" onclick=\"_gaq.push(['_trackEvent', 'outbound-article', 'http:\/\/twitter.com\/alienbabeltech', 'Twitter']);\" target=\"_blank\">Twitter<\/a><\/p>\n<p>For the latest updates from ABT, please <a href=\"http:\/\/alienbabeltech.com\/main\/?feed=rss2\" target=\"_blank\">join our RSS News Feed<\/a><\/p>\n<p>Join our Distributed Computing teams<\/p>\n<ul>\n<li>Folding@Home &#8211; Team AlienBabelTech &#8211; 164304<\/li>\n<li>SETI@Home &#8211; Team AlienBabelTech &#8211; 138705<\/li>\n<li><a href=\"http:\/\/www.worldcommunitygrid.org\/reg\/viewRegister.do?teamID=3P39R3SRV1\" onclick=\"_gaq.push(['_trackEvent', 'outbound-article', 'http:\/\/www.worldcommunitygrid.org\/reg\/viewRegister.do?teamID=3P39R3SRV1', 'World Community Grid &#8211; Team AlienBabelTech']);\" target=\"_blank\">World Community Grid &#8211; Team AlienBabelTech<\/a><\/li>\n<\/ul>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Kingston Technology Revenues Climb to Record $6.5 Billion in 2010 &#8211;Company Achieves Highest Sales Year Ever Since Founding in 1987 Fountain Valley, CA &#8212; March 14, 2011 &#8212; Kingston Technology Corporation, the independent world&#46;&#46;&#46;<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2533,6,7],"tags":[1212,4574],"class_list":["post-24706","post","type-post","status-publish","format-standard","hentry","category-abt-news","category-news","category-technology","tag-kingston","tag-record-earnings-2010"],"_links":{"self":[{"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/posts\/24706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/comments?post=24706"}],"version-history":[{"count":0,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/posts\/24706\/revisions"}],"wp:attachment":[{"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/media?parent=24706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/categories?post=24706"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/tags?post=24706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}