Sign in with
Sign up | Sign in

OCZ to Stop Memory Biz, Focusing on SSDs

By - Source: OCZ | B 25 comments

OCZ said on Monday that it's leaving the DRAM market.

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.

"In August 2010, the Company announced a strategic optimization of its memory products whereby it discontinued certain unprofitable commodity memory module products with the intent to continue only with certain high-performance memory products. However, since that time, there has been well-chronicled, continued weakness in the global DRAM markets," the company said in the report.

After considering the capital needs of the company's growing SSD products against the weaknesses of the DRAM market, the board determined that it would be in the best interest of the stockholders to accelerate its plans to discontinue the remaining DRAM module products by the end of February as previously mentioned.

"Revenue generated from our Solid State Drive products for the third fiscal quarter more than doubled on a sequential basis," said Ryan Petersen, Chief Executive Officer of OCZ Technology. "SSD revenue accounted for 78-percent of our revenue and just by itself exceeds our historical quarterly revenue totals across all categories, thus reinforcing our decision to discontinue our remaining DRAM products."

An attached chart revealed 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.

OCZ said that its DRAM products are now expected to have minimal, if any, sales in the next fiscal year and beyond.

Display 25 Comments.
This thread is closed for comments
  • 2 Hide
    LuckyDucky7 , January 12, 2011 6:54 AM
    "OCZ said that its DRAM products are now expected to have minimal, if any, sales in the next fiscal year and beyond."

    Because when the quality of your products goes down relative to the price of competing products, well, that's what happens.

    Too bad- OCZ was one of the top-tier manufacturers of RAM, but not anymore.

    Whether or not they'll pull a BFG on lifetime warranties on these DRAMs remains to be seen, I guess.
  • 2 Hide
    silky salamandr , January 12, 2011 7:07 AM
    A while ago when I was on my first build, I made the mistake of buying some OCZ ram. It didnt work and the rma didnt work. I guess their right for leaving becuase their ram wasthe worst that it gets.
  • 1 Hide
    Maziar , January 12, 2011 7:18 AM
    Too bad
    I liked their Reaper/Flex models.
  • 0 Hide
    Mathos , January 12, 2011 7:23 AM
    Never have used OCZ ram, Usually stuck with Mushkin or Crucial on the high end or G.Skill/Kingston on the mid range. If I did a budget build, I usually went Adata. Still using my DDR2 1066 Mushkin Blackline Ram that I got a couple years ago, with my current x6 1090T build and it chugs along good and even takes OCing well at stock volts.

    But, at least they still make decent PSU rebadges and good SSD's.
  • 0 Hide
    takeapieandrun , January 12, 2011 7:23 AM
    Sad... they were great RAM modules for the price (atleast mine were, 6GB 1600mhz for $95)
  • 0 Hide
    garlik_bread , January 12, 2011 7:23 AM
    As LuckyDucky has said, I wonder how this will affect the OCZ lifetime warranties.

    I had to warranty some OCZ Platinum DDR2 a while back and was actually quite impressed with the service.
  • -1 Hide
    apache_lives , January 12, 2011 7:35 AM
    never bought any of there products, never trusted any of there products - no change here

    that and the only brand of SSD i will buy is Intel
  • 2 Hide
    neiroatopelcc , January 12, 2011 8:44 AM
    LuckyDucky7Too bad- OCZ was one of the top-tier manufacturers of RAM, but not anymore.


    I think this is good news really. OCZ modules have been plagued by compatibility issues and failure to perform to spec since 2004 or so.
  • 0 Hide
    blackjellognomes , January 12, 2011 9:19 AM
    neiroatopelccI think this is good news really. OCZ modules have been plagued by compatibility issues and failure to perform to spec since 2004 or so.
    They were specific models. Granted, there were quite a few, but they were easy to pick out via ratings/reviews on Newegg.
  • 0 Hide
    San Pedro , January 12, 2011 9:25 AM
    Hmm, I actually have to send in a set of Platinum Revision 2 DDR2 modules for RMA. I had a stick just go bad after 3 years. . .
  • 0 Hide
    segio526 , January 12, 2011 10:58 AM
    I've been using 2GB of their Gold and 4GB of their Fatal1ty RAM for a few years now and have no complaints. I bought it because at the time DDR3 was still pretty new and they had the best timings to price (their Platinum RAM was the fastest on the market at the time with timings as low as DDR2, but for $100 more, no thank you). Oh well, I guess I'll buy RAM from like the forty other manufactures.
  • 0 Hide
    g00fysmiley , January 12, 2011 11:45 AM
    well with ram prices afalling you knew some manifacturer's were gonna leave the market... didn't see ocz being one of em... but what can ya do guess prices will start going up again with a fairly big player stepping out of the market there goes some supply
  • 1 Hide
    jdamon113 , January 12, 2011 1:15 PM
    I did not read all the thought. But I had OCZ memory, once and it was junk
    after three RMA,... I told them to keep the reaper and give me basic memory.
    So 128 dollars for two gigs of standard ddr2. Now that was two years ago. none the less havent though of ocz since then.
  • 3 Hide
    michaelahess , January 12, 2011 2:10 PM
    "SSD revenue accounted for 78-percent of our revenue and just by itself exceeds our historical quarterly revenue totals across all categories, thus reinforcing our decision to discontinue our remaining DRAM products."

    Blatantly telling the world SSD's are overpriced, nice.
  • 0 Hide
    elkein , January 12, 2011 2:37 PM
    Okay a quick check at my favorite vendor reveals they haqve no memory to suit my next purchase, at all. An older slower more expensive kit that was close, but sold out and 140$ more than competitors. Yes if you aren't in to win the niche or value race in american markets you might as well throw in the towel.
    The kit searched for: desktop DDR3 1600 at cas 8 2x4gb kits =~160$
    was planning on running at pc 1564, 8-8-8-22, 1.6 v I can tweek on that some if a paticular kit won't go there.
  • 0 Hide
    gm0n3y , January 12, 2011 3:51 PM
    This doesn't surprise me, the DRAM market is definitely extremely competitive and volatile making the margins too low to make much money. Best of luck on your SSDs OCZ.
  • 0 Hide
    huron , January 12, 2011 4:25 PM
    Despite the fact that I did like and user OCZ RAM, I see how the margins make sense for SSDs

    Can't say I'll complain about OCZ and SSDs - they've been making fantastic drives recently.
  • 0 Hide
    HavoCnMe , January 12, 2011 6:48 PM
    Corsair FTW.
  • 0 Hide
    fritter87 , January 12, 2011 7:43 PM
    i've had 2 OCZ sticks (4gb and a 2gb) DoA in about 6 months. i wonder why they're getting out.
  • 0 Hide
    Travis Beane , January 13, 2011 12:35 AM
    Doesn't make me sad at all.
    I bought a 3x2GB 1600 set, and within a month one stick turned unstable, and at Cas9 1600 as they were advertised, the max I can run the remaining two is Cas9 1400.
    I bought 6GB of 1600, and I run 4GB at 1400.

    Byebye OCZ, won't miss you.
Display more comments