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Transcend is world’s third largest USB flash drive manufacturer in 2008: Gartner Research
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Jun 16, 2009
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| Transcend continues to emerge as a leading vendor in the global USB flash drive market. In Gartner Research’s 2008 list of the world’s top flash drive manufacturers, Transcend was ranked No.3, with 11.6% market share; up from its 8.7% third place ranking in 2007. According to Gartner, the USB flash drive market continued to expand in 2008, with sales revenue growing by 8.8% to $2.9 billion, and unit shipments soaring 40% to 239 million. Although USB flash drive revenue rose modestly, margin erosion was severe due to pricing pressure. |
| Gartner pointed out that difficult retail conditions forced some weak manufacturers out of the market in 2008, but the strongest maintained their market share positions and the top five vendors accounted for over 75% of last year’s revenue. In 2008’s NAND Flash “survival of the fittest,?Transcend leveraged its outstanding performance in the USB flash drive segment to emerge triumphant. Transcend has made great strides in the areas of channel management and brand development, and now enjoys a leading position in the NAND Flash markets of Taiwan, Europe, India and Russia. Moreover, Transcend’s market share in Japan and China has recently shown amazing growth. All of these factors have contributed to Transcend’s remarkable third place ranking in the global flash drive market. |
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