This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (January 2009)

Micron Technology, Inc.

225px
Type	Public (NASDAQ: MU) S&P 500 Component
Industry	Semiconductors
Founded	1978 (1978)
Headquarters	Boise, Idaho, USA
Area served	Worldwide
Key people	Mark Durcan (CEO)
Products	Computer memory, CMOS Image sensors
Revenue	US$ 8.48 billion (2010)[1]
Operating income	US$ 1.58 billion (2010)[1]
Profit	US$ 1.85 billion (2010)[1]
Total assets	US$ 14.69 billion (2010)[1]
Total equity	US$ 8.02 billion (2010)[1]
Employees	25,900 (2011)[1]
Website	www.micron.com

Micron Technology, Inc. (NASDAQ: MU) is an American multinational corporation based in Boise, Idaho, USA, best known for producing many forms of semiconductor devices. This includes DRAM, SDRAM, flash memory, SSD and CMOS image sensing chips. Consumers may be more familiar with its new consumer brand Crucial Technology and retail subsidiary Lexar Media. Micron Technology is among the worldwide top 20 semiconductor sales leaders. Micron and Intel together created IM Flash Technologies, which produces NAND flash memory.

History[link]

Micron was founded in Boise, Idaho, in October 1978^[2] by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman as a semiconductor design consulting company.^[3] Startup funding was provided by local Idaho businessmen Tom Nicholson, Allen Noble, and Ron Yanke. Later it received funding from Idaho billionaire J. R. Simplot, whose fortune was made in the potato business. In 1981, its first wafer fabrication unit ("Fab 1") with 50,000 square feet (4,600 m²) of space was completed and Micron started producing 64K DRAM chips. A second fab was completed in late 1984 to produce 256K DRAM chips.^[2]

By focusing on being a low-cost producer, Micron survived numerous collapses in the DRAM market which caused many competitors to leave the industry. One of the most vicious was in 1985, when allegations of Japanese import dumping fueled a price collapse that caused DRAM pioneer Intel to leave the market.^{[citation needed]} Micron survived and eventually acquired the memory businesses of rivals Texas Instruments in 1998 and Toshiba in 2001. These acquisitions gave Micron an international presence with production facilities in Italy, Singapore, and Japan. Today Micron is the only DRAM manufacturer in the United States^{[citation needed]}. In 1994, founder Joe Parkinson retired as CEO and Steve Appleton took over as Chairman, President, and CEO.^[2]

In the early 1990s the company formed Micron Computers to manufacture PCs. The subsidiary was based in nearby Nampa, Idaho, and sold computers under the brand names Edge Technology, and later, MicronPC & MicronPC.com.^{[citation needed]} ZEOS International, Micron Computer, and Micron Custom Manufacturing Services (MCMS) merged in 1996 to become Micron Electronics.^[2]

In 1998 Micron Technology acquired Rendition, a maker of 3D graphics chips.^{[citation needed]}

Control of Micron Technology's Internet business, Micron Internet Services, was transferred to Micron Electronics, Inc. (MEI) in 1999. Micron Electronics took on a new focus - bundling computers and Internet services. MEI CEO Joel Kocher purchased Internet firm HostPro (Web.com), merging it in to the company.^{[citation needed]}

In 2001, the computer-making and Internet business were split. The Internet assets were merged with Interland Inc., which changed its name to web.com, and all ties to Micron Technology were severed. The computer-making operations were sold to Gores Technology Group, which later rebranded the MicronPC brand name to "MPC Computers". MPC Computers, owned by the MPC Corporation (formerly HyperSpace Communications, Inc.) operated out of nearby Nampa, ID. MPC declared bankruptcy in November 2008 and has ceased operations.^{[citation needed]}

In 2002, armed with the Sherman Antitrust Act, the United States Department of Justice began a probe into the activities of dynamic random access memory (DRAM) manufacturers. US computer makers, including Dell and Gateway, claimed that inflated DRAM pricing was causing lost profits and hindering their effectiveness in the marketplace. To date, five manufacturers have pleaded guilty to their involvement in an international price-fixing conspiracy. These manufacturers are Hynix, Infineon, Micron Technology, Samsung, and Elpida. Micron Technology was not fined for its involvement, due to co-operation with investigators.^[4]

In 2005, Micron and Intel announced their agreement to form a new company, IM Flash Technologies in Lehi, Utah. The joint-venture would manufacture NAND Flash for both companies.^[5]

In June 2007, Steve Appleton gave up the title of President to COO Mark Durcan.

In March 2008, Micron launched Aptina Imaging,^[6] a spin-off of its CMOS Image Sensor Division. Aptina Imaging was partially sold to a group including TPG and Riverwood Capital, and became an independent, privately held company in July 2009. Micron remains a partial owner in the company.

On October 9, 2008, Micron announced a restructuring of its memory operations, with plans to reduce its global workforce by approximately 15 percent. Most of the layoffs were targeted for its headquarters in Boise, due to the elimination of a NAND-memory supply agreement. On October 12, the company announced the purchase of Qimonda's stake in Inotera technologies for $400 million.

On February 23, 2009, Micron announced that it would phase out 200mm wafer production operations at its Boise facility, resulting in the loss of an additional 2,000 jobs. In May 2009, the company acquired the FLCOS microdisplay company Displaytech.

On February 10, 2010, Micron agreed to buy flash-chip maker Numonyx for about $1.27 billion. Micron will issue 140 million shares to Numonyx investors: Intel Corporation, STMicroelectronics and Francisco Partners.

In April 2011, Micron and Intel opened a second joint-venture NAND Flash plant, IM Flash Singapore, in Singapore.^[7]

On February 3, 2012, the CEO, Steve Appleton, died in a small Lancair plane crash in Boise, Idaho.^[8][9][10]

On February 23, 2012, Micron Technology will become the largest shareholder of Inotera Memories, a major DRAM (dynamic random access memory) maker in Taiwan, after fully subscribing 763 million shares issued by Inotera for a capital increment of NT$5 billion via private placement.

On February 28, 2012, Micron and Intel announced that they would expand their NAND Flash memory joint venture relationship, to increase the flexibility and efficiency of the joint venture. Intel would sell its stake in IM Flash Singapore to Micron, along with its share of IM Flash Technologies assets in Micron's Manassas, Virginia plant.^[11] As a result, IM Flash Singapore became wholly owned by Micron and became its fourth facility in Singapore.^[12]

Products[link]

Micron makes DRAM Memory components and modules, including SDRAM, DDR SDRAM, DDR2 SDRAM, DDR3 SDRAM, LPDRAM, RLDRAM, PSRAM, and multi-chip packages. It also makes NAND flash memory, high-speed NAND, eMMC, eUSB, serial NAND, and SSDs.

In late 2009, the company was the first to announce a solid-state drive using a 6 Gbit/s SATA interface.^[13]

Competition[link]

Today, Micron's primary competitors include Samsung, Hynix, Elpida, Toshiba and SanDisk.

See also[link]

• IM Flash Technologies
• IM Flash Singapore
• List of semiconductor fabrication plants

References[link]

External links[link]

• Micron Technology, Inc (company website)
  • Milestones of Micron Technology at micron.com
• Crucial.com (Consumer sales for Micron memory)
• Lexar - Subsidiary of Micron Technology
• IM Flash, an Intel, Micron Venture

v t e Solid-state drives Key terminology Encryption ECC Flash file system Flash memory - SLC/MLC Flash memory controller Garbage collection IOPS MB/s Over-provisioning Secure erase TRIM command Wear leveling Write amplification Flash manufacturers Hynix Intel Micron Samsung Toshiba Controllers Independent Indilinx JMicron Marvell Phison SandForce Captive Fusion-io Intel Samsung STEC SSD manufacturers List of solid-state drive manufacturers Interfaces SATA SAS FC USB PCIe NVM Express Related organizations INCITS JEDEC/JC-64.8 ONFI NVMHCI SATA-IO SFF Committee SNIA SSSI T10/SCSI T11/FC T13/ATA Category

v t e Companies of the NASDAQ-100 index Activision Blizzard Adobe Akamai Alexion Pharmaceuticals Altera Amazon.com Amgen Apollo Group Apple Applied Materials Autodesk ADP Avago Baidu Bed Bath & Beyond Biogen Idec BMC Software Broadcom C.H. Robinson CA Technologies Celgene Cerner Check Point Cisco Citrix Cognizant Comcast Costco Ctrip Dell Dentsply DirecTV Dollar Tree eBay Electronic Arts Expedia Expeditors International Express Scripts F5 Networks Fastenal Fiserv Flextronics Fossil Garmin Gilead Sciences Google Green Mountain Coffee Roasters Henry Schein Infosys Intel Intuit Intuitive Surgical KLA Tencor Lam Research Liberty Interactive Life Technologies Linear Technology Marvell Mattel Maxim Integrated Products Microchip Technology Micron Technology Microsoft Monster Beverage Mylan NetApp Netflix News Corporation Nuance Communications Nvidia O'Reilly Auto Parts Oracle Paccar Paychex Perrigo Priceline.com Qualcomm Randgold Resources Research In Motion Ross Stores SanDisk Seagate Sears Sigma-Aldrich Sirius XM Radio Staples Starbucks Stericycle Symantec Teva Pharmaceutical Texas Instruments Verisign Vertex Pharmaceuticals Virgin Media Vodafone Warner Chilcott Whole Foods Market Wynn Resorts Xilinx Yahoo!