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, DRAM, and 3D XPoint memory. It offers products and solutions under the Micron, and Crucial brand names. Micron serves the data center, mobile, client, industrial, consumer, automotive, graphics, and networking markets.
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R&D Overview
The company 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 2023, the company had 13,100 patents in the US and 6,300 in foreign. Micron has R&D centers in the US, Italy, Japan, Singapore, Germany, India, China, and Taiwan. In FY2023, the company incurred an expenditure of US$3,114 million on R&D, which as a percentage of revenue stood at 20%.
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, 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, NOR, managed NAND, 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, enterprise and cloud, and consumer storage markets; and removable storage markets.
Performance
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Performance
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Geographical Segments
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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