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Key Developments: Micron Technology Inc (MU.OQ)

MU.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Micron Technology, Inc announces resignation of President Mark Adams
Monday, 4 Jan 2016 08:01am EST 

Micron Technology, Inc:Announces resignation of President Mark Adams.  Full Article

Inotera Memories to fully acquired by subsidiary of Micron Technology
Monday, 14 Dec 2015 02:30am EST 

Inotera Memories Inc:To buy fully acquired by a semiconductor subsidiary of Micron Technology at T$30 per share.To delist from Taiwan Securities Exchange due to the merger.  Full Article

Micron Technology Inc's CEO to take voluntary 50 pct pay cut - Reuters
Thursday, 15 Oct 2015 08:00pm EDT 

Micron Technology Inc:Micron Technology Inc MU.O said Chief Executive Mark Durcan will take a voluntary 50 percent cut in his base salary, amid cost-cutting at the memory chipmaker - Reuters.The cut, which is temporary, reduced Durcan's annual base salary to $525,000, effective Oct. 18, the company said in a filing on Friday - Reuters.Micron, which makes both dynamic random access and NAND flash memory chips, has struggled with weak demand for its chips used in computers - Reuters.  Full Article

Micron Technology Inc gives Q4 2015 revenue guidance below analysts' estimates - conference call
Thursday, 25 Jun 2015 05:20pm EDT 

Micron Technology Inc:Expects Q4 2015 revenue to be in the range of $3.45-$3.7 billion.Q4 2015 revenue of $4.15 bln - Thomson Reuters I/B/E/S.  Full Article

Micron Technology names Ernie Maddock as Chief Financial Officer
Tuesday, 5 May 2015 08:00am EDT 

Micron Technology Inc:Appoints Ernie Maddock as Chief Financial Officer and Vice President, Finance, effective June 1.  Full Article

Micron announces proposed $1 bln offering of senior notes
Monday, 27 Apr 2015 07:33am EDT 

Micron Technology Inc:Intends to offer $500 mln aggregate principal amount of senior notes due 2024 and $500 mln aggregate principal amount of senior notes due 2026.Intends to use the net proceeds from the offering to repay, repurchase or make other payments with respect to the extinguishment of its debt, including its convertible notes, and for general corporate purposes.  Full Article

Micron Technology Inc gives Q3 2015 revenue guidance - Conference Call
Tuesday, 31 Mar 2015 08:00pm EDT 

Micron Technology Inc:Says on a consolidated basis, Q3 2015 total revenue to be in the range of $3.8 billion to $4.05 billion.Q3 2015 revenue of $4.2 billion - Thomson Reuters I/B/E/S.  Full Article

Micron Technology and Intel Corp unveil new 3D NAND Flash Memory
Thursday, 26 Mar 2015 12:30pm EDT 

Micron Technology and Intel Corp:Revealed the availability of their 3D NAND technology, the world's highest-density flash memory.Flash is the storage technology used inside the lightest laptops, fastest data centers, and nearly every cellphone, tablet and mobile device.Enables gum stick-sized SSDs with more than 3.5TB of storage.This new 3D NAND technology, which was jointly developed by Intel and Micron, stacks layers of data storage cells vertically with extraordinary precision to create storage devices with three times higher capacity than competing NAND technologies.Says this enables more storage in a smaller space, bringing significant cost savings, low power usage and high performance to a range of mobile consumer devices as well as the most demanding enterprise deployments.  Full Article

Photronics enters into strategic supply and technology license agreements with Micron Technology
Tuesday, 24 Mar 2015 05:07pm EDT 

Photronics:Enters into strategic supply and technology license agreements with Micron Technology, Inc whereby Photronics will receive outsourced photomask supply volume from Micron.Micron and Photronics will not renew their existing MP Mask joint venture after May 5, 2016, which is the ten year anniversary of its formation.New agreement places the company in the majority merchant supplier position for Micron.Upon conclusion of the MP Mask joint venture, Micron may elect to purchase the MP Mask assets or Photronics' equity interest in MP Mask.In which case Photronics will receive a payment based upon net book value as of May 5, 2016, which was about $93 mln as of Dec. 04, 2014.  Full Article

Micron Technology appoints interim CFO - Form 8-K
Wednesday, 11 Mar 2015 04:27pm EDT 

Micron Technology Inc:Appointed Mark Adams as interim chief financial officer.Saya Adams will continue to serve in his current positions of president.  Full Article

BRIEF-Micron Tech to offer $1 billion senior secured notes

* Micron announces proposed $1 billion offering of senior secured notes Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)