Company:Micron Technology

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Short description: American company producing semiconductor devices


Micron Technology, Inc.
TypePublic
  • NASDAQ: MU
  • Nasdaq-100 component
  • S&P 500 component
IndustrySemiconductors
FoundedOctober 5, 1978;
45 years ago (1978-10-05)
Founders
  • Ward Parkinson
  • Joe Parkinson
  • Dennis Wilson
  • Doug Pitman
HeadquartersBoise, Idaho, U.S.
Area served
Worldwide
Key people
Products
Brands
  • Ballistix Gaming
  • Crucial
  • SpecTek
RevenueDecrease US$15.54 billion (2023)
Decrease −US$5.75 billion (2023)
Decrease −US$5.83 billion (2023)
Total assetsDecrease US$64.25 billion (2023)
Total equityDecrease US$44.12 billion (2023)
Number of employees
43,000 (2023)
Website{{{1}}}
Footnotes / references
Financials (As of August 2023)[2]
DDR4 RDIMM featuring both Micron logo (far left) and Crucial logo (centre right)
Crucial-branded 525GB solid state drive
Lexar SDXC UHS-II memory card (front and back) manufactured while the company was owned by Micron
Crucial-branded SD memory cards from 2007

Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand. Micron and Intel together created IM Flash Technologies, which produced NAND flash memory. It owned Lexar between 2006[3] and 2017.[4]

Company history

1978–1999

Micron was founded in Boise, Idaho, in 1978[5] by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman as a semiconductor design consulting company.[6] Startup funding was provided by local Idaho businessmen Tom Nicholson, Allen Noble, Rudolph Nelson, and Ron Yanke. Later it received funding from Idaho billionaire J. R. Simplot, whose fortune was made in the potato business. In 1981, the company moved from consulting to manufacturing with the completion of its first wafer fabrication unit ("Fab 1"), producing 64K DRAM chips.

In 1984 the company had its initial public offering.[7]

In 1994 founder Joe Parkinson retired as CEO and Steve Appleton took over as Chairman, President, and CEO.[5]

A 1996 3-way merger among ZEOS International, Micron Computer, and Micron Custom Manufacturing Services (MCMS) increased the size and scope of the company;[5] this was followed rapidly with the 1997 acquisition of NetFrame Systems, in a bid to enter the mid-range server industry.[8]

Since 2000

In 2000 Gurtej Singh Sandhu and Trung T. Doan at Micron initiated the development of atomic layer deposition high-k films for DRAM memory devices. This helped drive cost-effective implementation of semiconductor memory, starting with 90 nm node DRAM.[1][9] Pitch double-patterning was also pioneered by Gurtej Singh Sandhu at Micron during the 2000s, leading to the development of 30-nm class NAND flash memory, and it has since been widely adopted by NAND flash and RAM manufacturers worldwide.[1][10]

In 2002 Micron put its personal computer business up for sale. The company found the business difficult as the number 12 American computer maker with only 1.3 percent of the market.[11]

Micron and Intel created a joint venture in 2005, based in IM Flash Technologies in Lehi, Utah.[12] The two companies formed another joint venture in 2011, IM Flash Singapore, in Singapore.[13] In 2012 Micron became sole owner of this second joint venture.[14] In 2006 Micron acquired Lexar, an American manufacturer of digital media products.[3]

The company again changed leadership in June 2007 with COO Mark Durcan becoming president.[15] In 2008 Micron converted the Avezzano chip fab, formerly a Texas Instruments DRAM fab, into a production facility for CMOS image sensors sold by Aptina Imaging.[16]

In 2008 Micron spun off Aptina Imaging, which was acquired by ON Semiconductor in 2014. Micron retained a stake in the spinoff.[17] However, the core company suffered setbacks and had to layoff 15 percent of its workforce in October 2008,[18][19] during which period the company also announced the purchase of Qimonda's 35.6 percent stake in Inotera Memories for $400 million.[20] The trend of layoffs and acquisitions continued in 2009 with the termination of an additional 2,000 employees,[21][22] and the acquisition of the FLCOS microdisplay company Displaytech.[23] Micron agreed to buy flash-chip maker Numonyx for $1.27 billion in stock in February 2010.[24]

On 3 February 2012 CEO Appleton died in a plane crash shortly after takeoff from the Boise Airport. He was the pilot and sole occupant of the Lancair IV aircraft.[25][26][27] Mark Durcan replaced Appleton as the CEO shortly thereafter,[28] eliminating his former title of President.[29]

In 2013 the Avezzano chip fab was sold to LFoundry.[16] In the 2012 to 2014 period, Micron again went through an acquisition-layoff cycle, becoming the majority shareholder of Inotera Memories, purchasing Elpida Memory[30] for $2 billion and the remaining shares in Rexchip, a PC memory chip manufacturing venture between Powerchip and Elpida Memory for $334 million,[31][32] while announcing plans to lay off approximately 3,000 workers.[33][34] Through the Elpida acquisition, Micron became a major supplier to Apple Inc. for the iPhone and iPad.[30] In December 2016 Micron finished acquiring the remaining 67 percent of Inotera, making it a 100 percent subsidiary of Micron.[35]

In April 2017 Micron announced Sanjay Mehrotra as the new president and CEO to replace Mark Durcan.[36][37] In June 2017 Micron announced it was discontinuing the Lexar retail removable media storage business and putting some or all it up for sale.[38] In August of that year the Lexar brand was acquired by Longsys, a flash memory company based in Shenzhen, China.[4]

On 5 December 2017 Micron sued rivals United Microelectronics Corporation and Fujian Jinhua Integrated Circuit Co. (JHICC) in the United States District Court for the Northern District of California, alleging infringement on its DRAM patents and intellectual property rights.[39] Micron now owns the intellectual property from the defunct Qimonda DRAM manufacturer.[40]

In May 2018 Micron Technology and Intel launched QLC NAND memory to increase storage density.[41] The company ranked 150th on the Fortune 500 list of largest United States corporations by revenue.[42]

In February 2019 the first microSD card with a storage capacity of 1 terabyte (TB) was announced by Micron.[43] As of March 2020 3.84TB Micron 5210 Ion is the cheapest large-capacity SSD in the world.[44] In September 2020 the company introduced the world's fastest discrete graphics memory solution. Working with computing technology leader NVIDIA, Micron debuted GDDR6X in the new NVIDIA GeForce RTX 3090 and GeForce RTX 3080 graphics processing units (GPUs).[45] In November 2020 the company unveiled a new 176-layer 3D NAND chip. It offers improved read and write latency and is slated to be used in the production of a new generation of solid-state drives.[46]

On 22 October 2021 Micron closed the sale of IM Flash's Lehi, Utah fab to Texas Instruments for a sale price of US$900 million.[47] With the passage of the CHIPS Act, Micron announced its pledge to invest billions in new manufacturing within the US.[48] In September 2022 Micron announced they would invest $15 billion in a new facility in Boise, Idaho.[49] In October 2022 Micron announced a $100 billion expansion in Clay, New York.[50][51]

In May 2023 the Cyberspace Administration of China barred major Chinese information infrastructure firms from purchasing Micron products, citing significant national security risks.[52] The move was seen as retaliation against US sanctions on China's semiconductor industry and related export controls.[53][52] In November 2023 Chinese chipmaker Yangtze Memory Technologies Corp (YMTC) filed a lawsuit against Micron alleging infringement of eight of its patents.[54]

Carbon footprint

Micron Technology reported total CO2 emissions (direct and indirect) for the twelve months ending 31 December 2021 at 7,421 Kt (+280/+3.9 percent year-on-year).[55]

Total annual CO2e emissions - market-based scope 1 + scope 2
Dec 2018 Dec 2019 Dec 2020 Dec 2021
6,124[55] 6,697[55] 7,141[55] 7,421[55]

See also

References

  1. ↑ 1.0 1.1 1.2 "IEEE Andrew S. Grove Award Recipients". Institute of Electrical and Electronics Engineers. https://www.ieee.org/about/awards/bios/grove-recipients.html. 
  2. ↑ "US SEC: Form 10-K Micron Technology, Inc.". U.S. Securities and Exchange Commission. October 6, 2023. https://www.sec.gov/ix?doc=/Archives/edgar/data/723125/000072312523000054/mu-20230831.htm. 
  3. ↑ 3.0 3.1 "Micron Technology, Inc., and Lexar Media, Inc. Announce Completion of Transaction" (Press release). 21 June 2006. Archived from the original on March 9, 2017. Retrieved 28 October 2018.
  4. ↑ 4.0 4.1 "Longsys Acquires Lexar Brand, a Leading Brand for High-Performance Removable Storage Solutions". 31 August 2017. http://www.longsys.com/longsys-acquires-lexar-brand-a-leading-brand-for-high-performance-removable-storage-solutions/. 
  5. ↑ 5.0 5.1 5.2 "Micron Company Milestones". Micron. http://www.micron.com/about/company-info/milestone-timeline-and-awards. 
  6. ↑ Allan, Roy A. (2001). A history of the personal computer: the people and the technology. Allan Publishing. p. 16. ISBN 0968910807. 
  7. ↑ Staats, David (18 October 2018). "Tales of Micron's 40 years". Idaho Statesman. https://www.idahostatesman.com/news/business/article220062090.html. 
  8. ↑ John Moore. "Micron agrees to buy NetFrame". FCW. https://fcw.com/Articles/1997/06/15/Micron-agrees-to-buy-NetFrame.aspx. ." June 15, 1997. Retrieved December 6, 2016.
  9. ↑ & Trung T. Doan"Atomic layer doping apparatus and method" WO patent 2002038841A3, published 2000-08-31, issued 2003-05-01 Template:Via
  10. ↑ "Micron Named Among Top 100 Global Innovators for Sixth Straight Year". Micron Technology. 2018-02-15. https://www.micron.com/about/blog/2018/february/micron-makes-list-of-top-100-innovators. 
  11. ↑ https://www.cnet.com/culture/micron-seen-as-tough-sell-in-pc-industry/
  12. ↑ "Intel, Micron to form flash-chip venture". http://articles.marketwatch.com/2005-11-21/news/30680673_1_nand-flash-flash-memory-m-systems-flash-disk-pioneers. 
  13. ↑ Murray, Matthew (21 April 2011). "Intel, Micron Open Singapore NAND Flash Plant". PC Magazine. https://www.pcmag.com/news/263451/intel-micron-open-singapore-nand-flash-plant. Retrieved 2019-12-26. 
  14. ↑ Sharma, Himank (February 28, 2012). "Micron buys Intel stake in a flash joint venture for $600 million". Reuters. https://www.reuters.com/article/us-intel-micron/micron-buys-intel-stake-in-flash-joint-venture-for-600-million-idINTRE81R14K20120228. 
  15. ↑ "Longtime Micron Tech CEO Mark Durcan To Retire". Markets Insider. https://markets.businessinsider.com/news/stocks/longtime-micron-tech-ceo-mark-durcan-to-retire-1001720150. 
  16. ↑ 16.0 16.1 David Lammers. "LFoundry: new frontiers, new opportunities". https://www.appliedmaterials.com/nanochip/nanochip-fab-solutions/april-2014/lfoundry-new-frontiers-new-opportunities. 
  17. ↑ LaPedus, Mark (2011-04-12). "Aptina boosts image; embraces foundries". https://www.eetimes.com/aptina-boosts-image-embraces-foundries/. 
  18. ↑ Vance, Ashlee (2008-10-09). "Memory Maker Reduces Work Force" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2008/10/10/technology/business-computing/10micron.html. 
  19. ↑ Gohring, Nancy (2008-10-09). "Micron to cut staff by 15%" (in en). Network World. https://www.networkworld.com/article/2277543/micron-to-cut-staff-by-15-.html. 
  20. ↑ "Micron to pay $400 million for Qimonda's Inotera stake" (in en). Reuters. 2008-10-13. https://www.reuters.com/article/us-micron-inotera-idUSTRE49C0G020081013. 
  21. ↑ "FOXNews.com - Micron Tech to cut up to 2,000 more jobs in Idaho". www.foxnews.com. https://www.foxnews.com/wires/2009Feb23/0,4670,MicronLayoffs,00.html. 
  22. ↑ "Micron Tech To Cut 2,000 Jobs" (in en-US). Granted Blog. 2009-02-24. https://blog.granted.com/2009/02/24/micron-tech-to-cut-2000-jobs/. 
  23. ↑ "Micron acquires assets of Displaytech; gains FLCOS microdisplay technology" (in en). Laser Focus World. 2009-06-02. https://www.laserfocusworld.com/test-measurement/research/article/16566226/micron-acquires-assets-of-displaytech-gains-flcos-microdisplay-technology. 
  24. ↑ Swanekamp, Kelsey. "Micron Shares Short Out" (in en). Forbes. https://www.forbes.com/2010/02/10/micron-numonyx-intel-markets-equities-acquisition.html#56e0636d1e71. 
  25. ↑ "Micron says CEO Steve Appleton has died in a Boise plane crash". The Washington Post. February 3, 2012. https://www.washingtonpost.com/business/micron-says-ceo-steve-appleton-has-died-in-a-boise-plane-crash/2012/02/03/gIQA5LCKnQ_story.html. 
  26. ↑ Statement by Micron Technology Board of Directors , Micron Technology, February 3, 2012.
  27. ↑ Tibken, Shara; Clark, Don. "Micron Tech CEO Dies in Plane Accident" (in en-US). The Wall Street Journal. http://online.wsj.com/article/SB10001424052970203889904577201221448742942.html. 
  28. ↑ "D Mark Durcan - Micron Technology, Inc". http://www.micron.com/about/company-info/leadership/d-mark-durcan. 
  29. ↑ "D. Mark Durcan". https://www.micron.com/about/our-company/leadership/d-mark-durcan. 
  30. ↑ 30.0 30.1 Crothers, Brooke (July 31, 2013). "Micron completes $2 billion buy of chip supplier to Apple". https://www.cnet.com/news/micron-completes-2-billion-buy-of-chip-supplier-to-apple/. 
  31. ↑ "Micron and Elpida Announce Sponsor Agreement". Micron Technology (Press release). Archived from the original on 2019-12-26. Retrieved 2019-12-26.
  32. ↑ "Powerchip to sell Rex stake to Micron". Taipei Times. http://www.taipeitimes.com/News/biz/archives/2012/07/03/2003536810. 
  33. ↑ "Micron may shut Israel plant by 2015". December 16, 2012. https://www.ynetnews.com/articles/0,7340,L-4320399,00.html. 
  34. ↑ Carmel, Margaret. "Past and current Micron employees report job cuts, Micron silent on numbers" (in en). https://www.idahopress.com/news/local/past-and-current-micron-employees-report-job-cuts-micron-silent/article_532e02a8-40ac-5cb3-9a87-7fde69714dc8.html. 
  35. ↑ "Taiwan determined to fully support IC industry: Tsai". http://focustaiwan.tw/news/aeco/201612120011.aspx. 
  36. ↑ "Micron Appoints Sanjay Mehrotra as President and Chief Executive Officer". http://investors.micron.com/releasedetail.cfm?ReleaseID=1023241. 
  37. ↑ Tallis, Billy (27 April 2017). "Micron Hires New CEO: Sanjay Mehrotra, SanDisk Co-Founder and Former CEO". Anandtech. http://www.anandtech.com/show/11305/micron-hires-new-ceo-sanjay-mehrotra-sandisk-cofounder-and-former-ceo. 
  38. ↑ Hawkins, Jay (26 June 2017). "Micron Technology, Inc. - Micron Discontinuing Lexar Removable Storage Retail Business". Micron.com (Press release). Archived from the original on 25 August 2017. Retrieved 24 August 2017.
  39. ↑ "Why Did Micron Sue Chinese Companies over DRAM Technology?". January 19, 2018. https://marketrealist.com/2018/01/micron-sue-chinese-companies-dram-technology/. 
  40. ↑ Shilov, Anton (2 Dec 2019), "ChangXin Memory Technologies (CXMT) is Ramping up Chinese DRAM Using Qimonda IP", www.anandtech.com, https://www.anandtech.com/show/15161/cxmt-ramp-up 
  41. ↑ "Intel and Micron launch QLC NAND memory to increase storage density" (in en-us). TechSpot. https://www.techspot.com/news/74743-intel-micron-launch-qlc-nand-memory-increase-storage.html. 
  42. ↑ "Micron Technology" (in en-US). http://fortune.com/fortune500/micron-technology/. 
  43. ↑ "Micron Unveils World's First 1TB microSD Card to Meet Consumer Demand for Mobile Storage". GlobeNewswire. 25 February 2019. https://globenewswire.com/news-release/2019/02/25/1741261/0/en/Micron-Unveils-World-s-First-1TB-microSD-Card-to-Meet-Consumer-Demand-for-Mobile-Storage.html. 
  44. ↑ Athow, Desire. "This 3.84TB Micron 5210 Ion is the cheapest large capacity SSD right now" (in en). TechRadar. https://www.techradar.com/news/this-384tb-micron-5210-ion-is-the-cheapest-large-capacity-ssd-right-now. 
  45. ↑ "World's Fastest Discrete Graphics Memory From Micron Powers NVIDIA's Breakthrough Gaming Speeds" (in en). GlobeNewswire. https://www.globenewswire.com/news-release/2020/09/01/2087208/0/en/World-s-Fastest-Discrete-Graphics-Memory-From-Micron-Powers-NVIDIA-s-Breakthrough-Gaming-Speeds.html. 
  46. ↑ Athow, Desire. "Micron wants to kill hard disk drives with new super cheap flash memory" (in en). TechRadar. https://www.techradar.com/news/100tb-ssds-could-appear-next-year-as-micron-debuts-breakthrough-flash-memory. 
  47. ↑ Wolf, Marin (July 1, 2021). "Texas Instruments to buy semiconductor factory in $900 million deal" (in en). techxplore.com. https://techxplore.com/news/2021-07-texas-instruments-semiconductor-factory-million.html. 
  48. ↑ Hamblen, Matt (2022-08-09). "Micron plans $40B in memory plants on heels of CHIPS Act" (in en). Fierce Electronics. https://www.fierceelectronics.com/sensors/micron-plans-40b-memory-manufacturing-heels-chips-act-passage. 
  49. ↑ Ridler, Keith (2022-09-12). "Micron holds groundbreaking for $15 billion semiconductor plant in Boise" (in en). Associated Press. KBOI. https://idahonews.com/news/local/micron-announcing-15-billion-semiconductor-plant-this-morning. 
  50. ↑ Lohr, Steve (2022-10-04). "Micron Pledges Up to $100 Billion for Semiconductor Factory in New York" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2022/10/04/technology/micron-chip-clay-syracuse.html. 
  51. ↑ Palermo, Angela (2022-10-06). "Micron's 'mega fab' planned for New York won't be bigger than Boise's plant. Yet" (in en-US). Idaho Statesman. https://www.idahostatesman.com/news/business/article266848571.html. 
  52. ↑ 52.0 52.1 Wei, Lingling (21 May 2023). "Beijing Bans Micron as Supplier to Big Chinese Firms, Citing National Security". The Wall Street Journal. https://www.wsj.com/articles/beijing-bans-micron-as-supplier-to-big-chinese-firms-citing-national-security-5f326b90. 
  53. ↑ Mozur, Paul; Liu, John (22 May 2023). "With Ban on Micron, China Escalates Microchip Clash With U.S.". The New York Times. https://www.nytimes.com/2023/05/22/business/micron-technology-china-ban.html. 
  54. ↑ "Chinese chipmaker YMTC sues Micron alleging patent infringement". Reuters. 13 November 2023. https://www.reuters.com/technology/chinese-chipmaker-ymtc-sues-micron-alleging-patent-infringement-2023-11-13/. 
  55. ↑ 55.0 55.1 55.2 55.3 55.4 "Micron Technology's Sustainability Report for 2021Q4". https://media-www.micron.com/-/media/client/global/images/about/our-commitment/sustainability-page-update-2022/lgl-sus-756400-fy21-sustainability-report-v13.pdf. 

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