vacancies advertise contact news tip The Vault
facebook rss twitter

Micron closing Lexar removable storage retail business

by Mark Tyson on 28 June 2017, 13:01

Tags: Micron (NASDAQ:MU), Lexar

Quick Link: HEXUS.net/qadi4d

Add to My Vault: x

Memory maker Micron is closing down its Lexar removable storage retail business. The strategic move was announced on the company blog earlier this week. With the above headline news there are a couple of questions that immediately spring to mind; firstly what happens to the Lexar brand, and secondly what happens to the support and guarantees on Lexar kit you might own?

Regarding the Lexar removable storage retail business brand, Micron says that it is "exploring opportunities to sell all or part of the Lexar business." The brand may or may not be worth something to rivals like SanDisk or Samsung, or alternatively a lesser known player could snap up Lexar to raise its retail profile.

Existing Lexar customers can seek some solace through the Micron press release regarding the closure or sell off of the business. Micron consumer products group VP, Jay Hawkins, states that "The company will continue to provide support to existing customers through this transition period. Customers should contact their Lexar sales representative to discuss specific requirements." Hopefully the 'transitional period' fully covers your warranty period.

From the company statement Micron clearly sees its Lexar business as a distraction from the increasing opportunities in higher value markets and channels. The consumer removable storage retail business is just be too narrow margin and competitive, perhaps.

Meanwhile Micron's various recent blog posts reveal that the firm continues to advance its higher end graphics memory and storage products, and recognise technical innovative talent in-house via a new work program.



HEXUS Forums :: 4 Comments

Login with Forum Account

Don't have an account? Register today!
I keep seeing removeable storage at stupidly low prices. Something had to give eventually
Looking at my 8 64gb 1000x Lexar pro cards with lifetime warranties.

Shame really as I have bought them over sandisk due to being faster, cheaper and just as reliable but it does seem in every photography forum post everybody says sandisk is best and not many question it.
Sandisk have managed to get a better name for sure
Shame as I love their P20 USB 3 flash drives. Very fast and well priced.

http://www.lexar.com/products/usb-flash-drives/Lexar-JumpDrive-P20-USB-3-Flash-Drive.html

I found the company name and their products weren't marketed well enough.