Kingston kills non-memory product lines
Only generated 2-3% of memory company's sales
Kingston Technology has decided to stop designing and making all of its non-core product lines.
"What non-core product lines?" we hear you ask. Well, exactly. We weren't aware of them either. Apparently, Kingston's Peripheral Product Division makes networking products (hubs, routers and switches), hard drives for notebooks, CPU upgrades, PC Card readers and even a fingerprint reader.
Or rather it did. Kingston is shutting it all down to allow the company to focus on memory products, for which is rather better known and from which it makes 97-98 per cent of its revenue.
The Peripheral Product Division accounted for the remaining two to three per cent. Kingston says this is "a successful business", which rather makes you wonder why it's getting rid of it. The gloom in the world DRAM market might have something to do with it, but Kingston isn't saying. ®