PQI reduces reliance on memory

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POSTER: computer news   ||   PQI REDUCES RELIANCE ON MEMORY	DATE:2012-11-26
In the market there is a process of memory consolidation, which we have recently seen in the hard disk sector.  True, the memory market players are more, and some of them can not avoid bankruptcy.  To Get rid  of the business for the production of memory, Infineon established Qimonda company, which is already bankrupt.  On turn Elpida, which is ready to save Micron, but creditors of the first companies are not very happy with the terms of the deal. Known for its solid state drives and memory modules PQI company is going to reduce the share of products related to memory, up to 50% in the next three years. PQI may subsequently opt out of memory release  .  Now the company is rapidly expanding range of products through accessories  Apple products, solid state drives, memory cards and wireless devices.  In the third quarter this year due to those change it has managed to increase its sales by 30%. In the next six months PQI master the release of eMMC embedded memory for mobile devices.  In December, the company plans to reduce the amount of capital by 40% to increase the net value of PQI shares .  Currently, Foxconn through subsidiaries owns a large PQI stake.   Related Products :

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