Feeds

Dane-Elec to beef up memory module manufacture

Will start manufacturing unit in US

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Memory chip company Dane-Elec has re-engineered itself and will expand its module manufacturing operations. At the same time, it announced that it had struck a deal with Hyundai to sub-contract production of modules and another deal with Samsung is likely to follow at the beginning of next year. Dave Lalor, managing director of newly re-named Dane-Elec Memory, said that the company would increase production of memory modules in its factory in Spiddal, Galway, and would also begin production in its US office in Irvine, California. He said: "We're initially going to produce 20,000 modules a week in the US, and at present we're producing between 60,000 and 80,000 units here in Ireland." Lalor said that its US turnover was projected to rise from $44 million in 1998 to $90 million in 1999. The company, which has its headquarters in France, has a 13 per cent capitalisation on the Paris Bourse and in 1998 had a turnover of $210 million. Lalor said that Dane-Elec planned to increase its sales of memory modules through the retail market. It already produces packaged solutions in French supermarkets but is actively investigating doing similar things in the US and the UK. "We can increase our margins by selling through supermarkets but it needs a different approach," he said. "In time, supermarkets will sell memory upgrades off the shelf." The company is in the process of licensing Rambus technology and Lalor said that the modules using its technology would arrive in the market in big volume in the year 2000. Dane-Elec will look at using local distributors in territories where it currently has no coverage, said Lalor. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.