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Kingston Technology

Kingston Technology

The company secured a place on the US General Services Administration Schedule for the fiscal 2009 buying season. It also reached a deal to carry a line of Intel’s high-performance SATA Solid-State Drives.

Global HQ: Fountain Valley, California, US Website: www.kingston.com

Global leader: John Tu, president and CEO

Local leader: Vaughan Nankivell, regional manager, ANZ Core activity: Memory products

Revenue: US$4 billion (FY08 ended December 31)

Key customers: Not disclosed

Employees: 4500

Last year Kingston Technology achieved a record 41 percent increase in total memory units shipped over the previous year, despite oversupply, price erosion and a weakened global economy. However, revenue fell by $500 million from 2007, with global sales totalling $4 billion.

The company secured a place on the US General Services Administration Schedule for the fiscal 2009 buying season. It also reached a deal to carry a line of Intel’s high-performance SATA Solid-State Drives.

Kingston’s Asia-Pacific business has been growing since 2001, when it set up regional headquarters in Taiwan. Even with the downturn, it has achieved growth in regions such as China and India.

In an attempt to offer different and new experiences to its end users in the Asia-Pacific region, the company has partnered with music and movie companies. Its Wolverine-edition memory products received an overwhelming

response from the market. Zafar Anjum

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Tags strategic 100 2009

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