Micron Technology Inc - Company Profile
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Business Description
Micron Technology Inc (Micron) is a provider of memory and storage solutions. The company offers products such as NOR Flash, NAND, dynamic random-access memory (DRAM), graphics memory, multichip packages and design tools. It offers products and solutions under the Micron, and Crucial brand names. Micron serves the artificial intelligence, data center, mobile, client, industrial, consumer, automotive, industrial internet of things (IoT), and networking infrastructure markets.
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R&D Overview
Micron R&D arm focuses on development of process technology that enables performance enhancements and cost structure improvements. It focuses on advancing computing, storage, and mobile memory architectures, as well as exploring new opportunities that capitalize on its core semiconductor expertise. Micron’s product design and development initiatives encompass a range of technologies, including high-density DDR5, LPDDR5, HBM, and CXL-based products, along with advanced graphics DRAM. The company’s research activities also aims on 3D NAND, including TLC and QLC technologies, mobile and storage solutions such as firmware and controllers, managed NAND, SSDs, and other memory technologies and systems. As of September 2024, the company had 14,500 patents in the US and 7,000 in foreign. Micron has R&D centers in the US, Italy, Japan, Singapore, Germany, India, Malaysia, China, and Taiwan. In FY2024, the company incurred an expenditure of US$3,430 million on R&D, which as a percentage of revenue stood at 13.7%.
Business Segments
Overview
Manufactures and sells memory products such as DDR4, DDR5, LPDDR4, and LPDDR5 DRAM. Sells its products and solutions for and solutions for graphics, personal computers, networking, enterprise, client, and cloud server markets.
Performance
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Overview
Offers storage and memory products for automotive, consumer and industrial markets. Includes discrete NAND, discrete and module DRAM, managed NAND, solid-state drives (SSDs), and NOR.
Performance
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Overview
Offers memory products for mobile-device and smartphone markets. Includes discrete NAND, discrete DRAM, and managed NAND, including embedded multi-media controller (e.MMC) and universal flash storage (UFS) solutions.
Performance
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Overview
Offers component-level solutions and SSDs for client, data centers, personal computers and consumer markets. Also includes enterprise NAND, enterprise, cloud SSDs and components and Crucial-branded SSDs.
Performance
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Performance
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Geographical Segments
- Europe
- Hong Kong
- Japan
- Mainland China (excluding Hong Kong)
- Other
- Other Asia Pacific
- Taiwan
- United States
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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