OCZ to Stop Memory Business, Focusing on SSDs
Posted: 12 Jan 2011, 16:37
OCZ to Stop Memory Business, Focusing on SSDs
Monday OCZ Technology Group reported its fiscal 2011 third quarter results, revealing that the company plans to bail out of the DRAM sector and phase out all remaining DRAM products by the end of its fiscal year of February 28, 2011.
.
.
.
...the company's loss in the DRAM sector, showing a net revenue of $22.04 million in fiscal Q3 2009 that eroded over time down to $6.26 million in fiscal Q3 2011. Its SSD portion saw the exact opposite, showing a jump from $2.16 million in fiscal Q3 2009 to a hefty $41.47 million in fiscal Q3 2011.