• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Lexar reports 200 percent revenue growth and massive retail expansion across GCC

Simon Osuji by Simon Osuji
September 25, 2024
in Telecoms
0
Lexar reports 200 percent revenue growth and massive retail expansion across GCC
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Dubai, UAE: Lexar, a global leader in memory and storage solutions, proudly announces an impressive 200 percent revenue growth in the GCC region over the past two years. This milestone reflects a significant increase in market share and unprecedented retail expansion in the region. Lexar, renowned for delivering state-of-the-art storage solutions for photographers, videographers, gaming enthusiasts, and content creators, is geared up to showcase its latest innovations at GITEX Global 2024, the world’s largest technology event, running from 14-18 October at Hall 1, Booth A30, Dubai World Trade Centre.

Under the leadership of Fissal Oubida, Director for the Middle East, Africa, and Indian Subcontinent, Lexar’s footprint across the UAE, Saudi Arabia, Qatar, Oman, and Bahrain has grown exponentially. The brand’s presence is now solidified in over 400 stores, accounting for nearly 20% of the region’s sales. Esteemed retail giants such as Carrefour, Lulu, Nesto, Sharaf DG, Virgin Megastore, Grand Store, Emax, Jumbo, and iStyle are among the many carrying Lexar’s high-performance, innovative products.

Commenting on this remarkable growth, Fissal Oubida, General Manager and Global Marketing Director – Middle East, Africa, and India, said, “The Middle East is undeniably one of Lexar’s top-performing markets. Our continuous growth in market share and revenue demonstrates the potential of this region. With strategic expansion in place, we are fully committed to meeting the growing demand for advanced memory solutions.” He added, “Thanks to our strong partnership ecosystem of retailers and distributors, Lexar products are now available in more than 400 stores across the GCC.”

Lexar’s awarding winning product portfolio, which includes seven Red Dot Awards in 2024 for Innovative Design and Excellence and two consecutive Technical Image Press Association (TIPA) Awards for ‘Best Storage Media’, reflects the company’s unwavering commitment to innovation and superior product design. At GITEX Global 2024, Lexar will introduce its cutting-edge product lineup, which includes microSD™ cards, internal SSDs, DRAM, and portable SSDs. These products are engineered to deliver seamless compatibility with a range of devices, including sports camcorders, tablets, smartphones, and drones. As always, Lexar’s expanded portfolio guarantees blazing-fast performance and higher memory capacities, empowering users to capture, transfer, and play high-definition multimedia, including 8K videos, with ease.

About Lexar

For more than 25 years, Lexar has been a trusted leading global brand of memory solutions. Our award-winning lineup includes memory cards, USB flash drives, card readers, and solid-state drives. With so many options, it’s easy to find the right Lexar solution to fit your needs. All Lexar product designs undergo extensive testing in the Lexar Quality Labs with thousands of digital devices, to ensure performance, quality, compatibility, and reliability. Lexar products are available worldwide at major retail and e-tail stores. For more information or support, visit http://www.lexar.com.

For more information, please contact:
Renny John
Director PR & Comms, OMG Ideas
Email: renny@omgideas.com



Source link

Related posts

The State of Broadband in Africa Going into 2026

The State of Broadband in Africa Going into 2026

February 12, 2026
Transport Committee Chair Says Road Accident Fund (RAF) Shows Signs of Recovery, Reform Efforts Must Accelerate

Transport Committee Chair Says Road Accident Fund (RAF) Shows Signs of Recovery, Reform Efforts Must Accelerate

February 12, 2026
Previous Post

Africa’s richest man plans to establish a family office in Dubai, joining an elite list of investors

Next Post

South Africa’s Eskom seeks 36% electricity price hike amidst financial struggles

Next Post
South Africa’s Eskom seeks 36% electricity price hike amidst financial struggles

South Africa's Eskom seeks 36% electricity price hike amidst financial struggles

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Celebrate National Spritz Day With BOSSIP’s Spritzer Guide

Celebrate National Spritz Day With BOSSIP’s Spritzer Guide

3 years ago
Russia continues arming Mali, supplies heavy armored vehicles

Russia continues arming Mali, supplies heavy armored vehicles

1 year ago
Yinka Ilori Collaborates with MoMA Design Store Tableware Collection

Yinka Ilori Collaborates with MoMA Design Store Tableware Collection

2 years ago
ANA Spotlight: Adaeze Adinnu – Art News Africa

ANA Spotlight: Adaeze Adinnu – Art News Africa

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.