Gartner Research: Transcend world’s 3rd largest USB Flash Drive manufacturer

New Delhi, August 29, 2008 – According to Gartner’s 2007 list of the top Flash drive manufacturers, Transcend has been ranked at No.3, with 8.7% market share; up 1 place from its 7.5% fourth place ranking in 2006. As per the recent report by Gartner Research, the over-supply of NAND Flash chips in 2007 greatly impacted the world’s USB Flash drive market. Gartner calculates the total sales revenue of USB flash drives in 2007 to be US$2.66 billion, with worldwide shipment of roughly 171 million units. Although overall shipment enjoyed a huge increase, total sales revenue remained steady due to last year’s slow growth in capacity.

Gartner pointed out that the Flash drive market has seriously matured in the past few years. Due to fierce competition in the Flash industry last year, some weak manufacturers were ultimately eliminated from the market. Nonetheless, in 2007’s NAND flash survival of the fittest, Transcend leveraged its outstanding performance in the USB flash drive segment to emerge triumphant.

Mr. Austin Huang, Regional Head – Sales, SAARC & APAC, Transcend, said, “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.”

Already a globally recognized leader in the manufacture of DRAM and Flash-based products, Transcend continues to look to the future by exploiting its design resources to develop more advanced, highly artistic products for all of its customers across the globe.

“Being ranked at No. 3 worldwide demonstrates how Transcend has successfully diversified its product range and has developed into a serious manufacturer of high quality, innovative consumer electronics that offer consumers much more for their money.”

About Transcend

Transcend is a globally recognized leader in the manufacture of memory products and peripherals. Established in 1988, Transcend offers a full line of standard and proprietary memory modules, USB flash drives and portable hard drives, solid-state disks, MP3 players, flash memory cards, card readers, and multimedia products. Transcend has manufacturing facilities in Taiwan and China, and has offices in the United States, the United Kingdom, Germany, The Netherlands, Japan, Taiwan, and China. For more information, please visit www.transcendusa.com
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