Profile: Micron Technology Inc (MU.A)

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Micron Technology, Inc., incorporated on April 6, 1984, is a global provider of semiconductor devices. Through the Company’s global operations, it manufactures and markets a full range of Dynamic Random Access Memory (DRAM), NAND Flash and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, automotive, industrial, embedded and mobile products. The Company operates in four segments: Compute and Networking Business Unit (CNBU), which includes DRAM and NOR Flash products; Mobile Business Unit (MBU), which includes DRAM, NAND Flash and NOR Flash products; Storage Business Unit (SBU), which includes NAND Flash components and Solid-State Drives (SSDs), cloud and removable storage markets. SBU also includes NAND Flash products, and Embedded Business Unit (EBU), which includes DRAM, NAND Flash and NOR Flash products. The Company markets its products through its internal sales force, independent sales representatives and distributors primarily to Original Equipment Manufacturers (OEMs) and retailers located around the world.

Dynamic Random Access Memory (DRAM

DRAM products are high-density, low-cost-per-bit, random access memory devices that provide high-speed data storage and retrieval. The Company offers DRAM products with a range of performance, pricing and other characteristics, including high-volume DDR3 and DDR2 products, as well as specialty DRAM memory products, including Mobile Low Power DRAM (LPDRAM), DDR, SDRAM, Reduced Latency DRAM (RLDRAM) and Pseudo-static DRAM (PSRAM). DDR3 and DDR2 are standardized, high-density, high-volume, DRAM products that are sold primarily for use as main system memory in computers and servers. DDR3 and DDR2 products offer high speed and high bandwidth. The Company offers DDR3 products in 1Gb, 2Gb and 4Gb densities and DDR2 products in 512 megabit (Mb), 1Gb and 2Gb densities.

The Company also offers DRAM memory products including DDR and DDR2 Mobile LPDRAM, DDR, SDRAM, RLDRAM and PSRAM. LPDRAM products are used primarily in laptop computers, tablets and other consumer devices that require low power consumption. The Company's other specialty DRAM products are used primarily in networking devices, servers, consumer electronics, communications equipment and computer peripherals as well as computer memory upgrades. It also sells Hybrid Memory Cube (HMC) products, which are semiconductor memory devices where vertical stacks of DRAM die that are connected using through-silicon-via interconnects are placed above a small, high-speed logic layer. HMC enables ultra-high system performance with significantly lower power-per-bit.

NAND Flash Memory

NAND Flash products are electrically re-writeable, non-volatile semiconductor memory devices that retain content when power is turned off. Removable storage devices, such as USB and Flash memory cards, are used with applications such as PCs, digital still cameras, MP3/4 players and mobile phones. Embedded NAND Flash-based storage devices are utilized in mobile phones, MP3/4 players, computers, solid-state drives (SSDs), tablets and other personal and consumer applications. The Company's NAND Flash products feature a small cell structure that enables higher densities for demanding applications. The Company offers Single-Level Cell (SLC) NAND Flash products, as well as Multi-Level Cell (MLC) and Triple-Level Cell (TLC) NAND Flash products, which have two and three times, respectively, the bit density of SLC NAND Flash products.

The Company offers high-speed NAND Flash products that are compatible with advanced interfaces. In addition, the Company's multichip packages (MCPs) incorporate NAND Flash with other memory products to create a single package that simplifies design while improving performance and functionality. Through the Company's Lexar brand, the Company sells high-performance digital media products and other flash-based storage products through retail and OEM channels. The Company's digital media products include a variety of flash memory cards and JumpDrive products with a range of speeds, capacities and value-added features. The Company offers flash memory cards in a range of speeds and capacities and in all media formats, including CompactFlash, Memory sticks and Secure Digital (SD). The Company also manufactures products that are sold under other brand names and resells flash memory products that are purchased from other NAND Flash suppliers.

NOR Flash Memory

NOR Flash products are electrically re-writeable, non-volatile semiconductor memory devices that retain content when power is turned off, offer fast read times due to random access capability and have execute-in-place (XiP) capability that enables processors to read NOR Flash without first accessing RAM. These capabilities make NOR ideal for storing program code in wireless and embedded applications.

The Company offers both parallel and serial interface NOR Flash products in a range of densities, packages and features. The Company's parallel NOR Flash products are constructed to meet the needs of the consumer electronics, industrial, wired and wireless communications, computing and automotive applications. These products offer high densities, XiP performance, architectural flexibility and proven reliability in rigorous industrial settings. The Company's serial NOR Flash products are designed to meet the needs of consumer electronics, industrial, wired communications and computing applications.

The Company competes with Samsung Electronics Co., Ltd.; SanDisk Corporation; SK Hynix Inc., and Toshiba Corporation.

Company Address

Micron Technology Inc

8000 S Federal Way,
PO Box 6
BOISE   ID   83716-9632
P: +1208.3684000
F: +1302.6365454

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