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Micron Technology

Micron Technology is a global leader in the semiconductor industry, producing DRAM, NAND and other memory products.

#167

Rank

$101.01B

Marketcap

US United States

Country

Micron Technology
Leadership team

Ward Parkinson (Founder)

Dennis Wilson (Founder)

Products/ Services
DRAM, Flash memory, SSDs
Number of Employees
20,000 - 50,000
Headquarters
Boise,Idaho,U.S.
Established
1978
Company Registration
SEC CIK number: 0000723125
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
MU
Social Media
Overview
Location
Summary

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

History

Micron Technology Inc. was founded in Boise, Idaho in 1978 by Ward Parkinson, Joe Parkinson, Dennis Wilson and Doug Pitman. Initially, the company specialized in semiconductor manufacturing, but has since moved into a number of markets, including computer memory and storage, digital imaging, consumer electronics, automotive and industrial manufacturing, and mobile communications. Early on, Micron developed the memory chip that revolutionized the personal computer industry: DRAM (Dynamic Random Access Memory). The company was the first to put a semiconductor-based DRAM chip on the market, launching Micron onto the world stage. With an innovation—the Fab 2 facility in Boise, Idaho—which drastically reduced distances and times between processes of fabricating semiconductors on a single chip, Micron revolutionized the industry and established itself as an industry leader. The company also entered into the technology market, providing joint venture designs and manufacturing services under the Micron Technology Solutions banner. In the early 2000s, the company acquired flash storage leaders Lexar, Infineon, and Numonyx, which further advanced its technology portfolio. Thanks to its innovations, Micron steadily grew over the ensuing decades and by 2018, revenues had increased to $20.4 billion. In 2019, the company was included in the Fortune 500 list for the first time. Micron is one of the world’s largest producers of DRAM and NAND Flash memory and is currently expanding into Non Volatile Memory express (NVMe) and 3D XPoint memory technology. As of 2020, the company is headquartered in Boise, Idaho and has locations in several countries across the world.

Mission

Drive innovation and provide sustainable value to our stakeholders.

Vision

To drive the future of technology by advancing efficiency, security and capacity for our customers worldwide.

Key Team

Doug Pitman (Founder)

Robert Switz (Chairman)

Mercedes Johnson (Board Member)

Alexander Lyakhovich (CTO)

Ashutosh Tripathi (Chief Enterprise Architect and Strategist)

Brian Jones (CSO)

Charlotte Warrender (Customer Sales Operations Specialist (CSO))

David Long (Chief Operating Officer)

David Pair (Chief Executive Officer)

Recognition and Awards
Micron recognizes and rewards outstanding employees with recognition and rewards programs, such as employee stock awards, incentive trips, and performance bonuses.
References

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Micron Technology
Leadership team

Ward Parkinson (Founder)

Dennis Wilson (Founder)

Products/ Services
DRAM, Flash memory, SSDs
Number of Employees
20,000 - 50,000
Headquarters
Boise,Idaho,U.S.
Established
1978
Company Registration
SEC CIK number: 0000723125
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
MU
Social Media