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Kingston sees flat revenue in Hungary in 2011

Digital memory maker Kingston expects its revenue in Hungary to be flat in 2011 but it will guard its position as market leader, Norbert Kaszal, who is in charge of Kingston Technology's business development in Hungary and Slovenia, told MTI. Last year, Kingston's revenues in Hungary rose 4%, calculated in dollar terms, Kaszal said.

Hungary's digital memory market was worth USD 30 million-35 million in 2010. Kingston controlled about 30% of the market, Kaszal said, declining to reveal any more specific data.
The price of digital memory could fall as much as 50% in 2011, according to analysts. (Econews)