Saturday December 01, 2012

OCZ Bridges NAND Supply Shortage, Stocks Rise

Still facing an uphill battle against the SSD market giants like Intel and Micron, OCZ has at least made some headway in regaining investor trust for now. Along with securing multiple suppliers, OCZ has cut its workforce and decided to drop 150 low-end, low profit products.

From now on, Schmitt said, the focus of the company would be profitability and not topline growth alone. OCZ has not made a profit in the last three quarters.

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