OCZ Closing Memory Business to Focus on SSDs

"Leading memory and storage manufacturer OCZ Technology is gearing up to move out of the memory business."

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Leading memory and storage manufacturer OCZ Technology is gearing up to move out of the memory business. According to the company, it will discontinue manufacturing all its DRAM products by February 28 of this year and focus all its efforts on its SSD business.

OCZ is one of the leading manufacturers of memory modules, offering the full range right from entry level ones to high-end enthusiast chips. Its memory modules have found wide acceptance for their quality, stability, and performance. However, revenues from memory have been dwindling for the company in recent times. On the other hand, OCZ has also seen strong growth in the market for its solid state drives.

Official figures put OCZ’s revenue for the quarter ended November 30, 2010 (for the fiscal 2011) at $53.2 million, of which $41.5 million or 78% came from SSD sales. This is a massive change from previous fiscals where revenues from memory sales dominated the figures. Heeding to the clear indication from market forces, OCZ has now decided to focus all its efforts on taking its SSD business forward.

“We have focused on building the OEM and enterprise segments of our business, and last month we announced a mass production order from a Tier 1 OEM for our enterprise class SSDs, reflecting the reliability, speed and total cost of ownership solid state drives provide over traditional mechanical hard drives,” said Ryan Petersen, Chief Executive Officer of OCZ Technology. “We believe the market opportunity for SSDs is significant, and to that end, we will continue to invest in research and development to extend our leadership position. We also plan to increase our sales and marketing efforts in order to facilitate continued revenue growth and increased market share as SSDs gain adoption in all segments.”

The loss of the memory modules market is going to be the gain of the SSD segment.

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Most Recent Comments

05-01-2011, 10:03:28

benj3
Hey I am looking at selling my old stuff going to be upgrading to a sandybridge setup so ordering that on the 10th (when my loan is in) so these will be available anytime around the 15th dependant on despatch time! :D

So I have a

Nvidia 8800 GTS with a custom Zalman Cooler. 75

------------------------------------------------------------------

Set Of
AMD Athlon X2 5000+ BE.
Asus M2N-E SLI Motherboard
3 * 1GB Corsair XMS DDR2 Not 100% sure on the type of ram it is. (1 Stick is duff so only have 3)
All for 100 ONO


Edit * I think the ram is Corsair XMS2 Xtreme Performance - Memory - 1 GB - DIMM 240-pin - DDR2 - 800 MHz /

Gimme some offers not looking for much really could be a nice little machine folding machine if you want to get in to folding :D!

Pictures to follow soon (When i have received my new gear)



Need ne more information be sure to contact me :)

05-01-2011, 14:51:47

lasher
Ben, please read the rules.

Need pics and prices .... thread will be removed if not supplied.
Prices must include P&P

* Photos of the actual item for sale required with a user name and date, this also includes replies to wanted threads if inteterest is shown by the buyer.

* Evaluations or 'May also be for sale' are no longer permitted. An item is either for sale or it is not and must conform with the rules as normal.

* All Prices must include postage.

05-01-2011, 15:05:02

benj3
Ah sorry lasher I said i was going to get pictures done was just having a look at interests will post pics when i have sorted out my new gear feel free to take down this post till then if you want to.
Reply
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