Micron Technology

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.

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.

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