Team Group ranked world’s 9th in DRAMeXchange’s 2012 DRAM Ranking
Global industry research authority DRAMeXchange announced the other day the global DRAM module supplier ranking in 2012. Team Group Inc. was ranked the world’s 9th, one place up from 2011, and in Taiwan’s top three for its outstanding performance.
According to DRAMeXchange, the global DRAM module market in 2012 reduced by 13% compared to last year, and the aggregate decline of the world’s top three suppliers was up to 29%, as memory prices kept falling and the spot market shrunk. With tight risk control and high market sensibility, Team Group maintained profits and beat rivals in unfavorable economic condition as witnessed by a 17% revenue growth from 2011 and market share rose by 0.36%. These indicated Team Group’s success in transformation in recent years and reflected its steady operations and profitability.
“The warring period of the overall global DRAM module industry is over and the bigger is getting bigger with the decline of the PC market and the rise of the mobile devices. At this round of cruel market selection, Team Group adopted a steady strategy for product development and business expansion. Besides continuously expanding the workforce, Team Group has actively developed numbers of application products that meet the market demand. The peripherals for mobile devices will be the focus for this year. It is expected that they will bring new growth momentum to the company. Upholding its commitment to serving consumers and product quality, we hope to grow continuously and create better performance in the future,” said Team Group Director Danny Hsia.
As a leading provider of memory storage products to the consumer market, Team Group is committed to providing the best storage, multimedia and data sharing solutions. All Team memory card products come with a lifetime warranty, repair and replacement services. For more information, please visit the Team website at www.teamgroup.com.tw.
Source from:Trendforce,http://press.trendforce.com/tw/node/5947