Digital Camera News
Lexar Releases Annual Report
March 16, 2006 – Lexar released its annual report Tuesday, with total revenue from 2005 reaching $852.7 million. This seems to have been a good year for the memory card company, as its revenue increased 25 percent from 2004. Lexar merged with Micron Technology, Inc. last year, but its profits seem to only grow. In the fourth quarter, Lexar saw revenue of $239.1 million. This is up 26 percent from the previous quarter, partially because of the holiday shopping season. However, this is also up 27 percent from 2004’s fourth quarter revenue. Lexar cashed in on some patents this year, which brought in big revenue. In the fourth quarter, Lexar earned $9.7 million in licensing fees and royalties as compared to $1.2 million in the same time period in 2004.
In 2005, Lexar released several new capacities of memory cards, including a professional grade 8GB CompactFlash card with 90x speed. It also sold Lexar Smart Download modules that are made for photographers who need to download and manage images directly from their media with Adobe Bridge. Lexar also introduced the LockTight security system on many of its cards.
Latest News
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09-Feb-2012
Panasonic Lumix ZS15 First Impressions Review
Even the lesser of the new Panasonic travel zooms, the ZS15 could be a great value. Even without hot-button extras, it has almost all of the elements we look for in a travel zoom. Read More...
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08-Feb-2012
Nikon D800 First Impressions Review
We’ve taken the Nikon D800 for a spin here at CP+ 2012 in Japan, and we came away impressed with the camera’s capabilities, especially at a sub-$3000 price point. Read on for our full impressions of Nikon’s latest DSLR. Read More...
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