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micron technology inc (MU) Snapshot

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02/19/14 - $25.68
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05/2/13 - $9.07
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micron technology inc (MU) Details

Micron Technology, Inc., together with its subsidiaries, manufactures and markets semiconductor solutions worldwide. It offers dynamic random access memory (DRAM) products for data storage and retrieval, including DDR4, DDR3, and DDR2 that offer high speed and high bandwidth; and other specialty DRAM memory products, such as DDR and DDR2 mobile low power DRAM, DDR, SDRAM, reduced latency DRAM, and pseudo-static DRAM products that are used in computers, servers, tablets, mobile phones, communication equipment, computer peripherals, industrial, automotive, and other electronic devices. The company also provides NAND flash memory products, such as flash memory cards comprising CompactFlash, Memory Stick, and Secure Digital; and JumpDrive products that are used in mobile phones, solid-state drives, tablets, computers, industrial and automotive applications, MP3/4 players, and other personal and consumer applications. In addition, it resells flash memory products that are purchased from other NAND flash suppliers. Further, Micron Technology, Inc. provides NOR flash memory products that are electrically re-writeable, non-volatile semiconductor memory devices used in consumer electronics, industrial, wired and wireless communications, computing, and automotive applications. The company markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel, and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

30,900 Employees
Last Reported Date: 10/28/13
Founded in 1978

micron technology inc (MU) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $900.0K
Total Annual Compensation: $600.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $490.0K
Vice President of DRAM Solutions
Total Annual Compensation: $484.0K
Vice President of Wireless Solutions
Total Annual Compensation: $384.8K
Compensation as of Fiscal Year 2013.

micron technology inc (MU) Key Developments

Micron Technology and Wave Systems Collaborate to Secure Connected Devices Against Emerging Threats

Micron Technology Inc. and Wave Systems Corp. announced they are expanding their relationship to develop solutions designed to strengthen user protection against current and emerging threats to compute and embedded platforms. Given the pervasive connectivity associated with cloud computing and data/asset management models, it is becoming even more critical to architect comprehensive security solutions that leverage close integration of software and hardware components. This collaboration is focused on the detection and remediation of advanced persistent threats (APTs), the most advanced forms of malware capable of infecting a wide array of IP-connected devices. The collaboration expands on the two companies' ongoing activities around management for Micron's self-encrypting SSD drives. Together, Micron and Wave deliver advanced data protection for large corporations, as well as state and federal governments--without cumbersome workflow interruptions or decreased performance.

Micron Technology Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended Feb. 27, 2014

Micron Technology Inc. reported consolidated earnings results for the second quarter and six months ended Feb. 27, 2014. For the quarter, the company reported net sales of $4,107 million against $2,078 million a year ago. Operating income was $869 million against loss of $23 million a year ago. Net income attributable to Micron was $731 million against loss of $286 million a year ago. Diluted earnings per share was $0.61 against loss per share of $0.28 a year ago. On a non-GAAP basis, net income attributable to Micron shareholders in the second quarter of fiscal 2014 was $989 million, or $0.85 per diluted share, compared to net income of $881 million, or $0.77 per diluted share, in the first quarter of fiscal 2014. For the six months, the company reported net sales of $8,149 million against $3,912 million a year ago. Operating income was $1,420 million against loss of $120 million a year ago. Net income attributable to Micron was $1,089 million against loss of $561 million a year ago. Diluted earnings per share was $0.91 against loss per share of $0.55 a year ago. Net cash provided by operating activities was $2,897 million against $470 million a year ago. Expenditures for property, plant and equipment was $1,031 million against $761 million a year ago.

Micron Technology Announces DDR4 Modules Designed for Future Intel(R) Xeon(Tm) Processor E5-2600 V3 Product Family-Based Systems

Micron Technology Inc. announced it is ramping production of DDR4 memory to support upcoming Intel(R) CPU launches. The improved power and performance of DDR4 technology is a critical requirement for the growing enterprise computing market, delivering a power improvement of up to 35% compared to standard DDR3. Micron is ramping its 4Gb-based DDR4 module production at 2,133 megatransfers per second (MT/s) in support of Intel's Xeon(TM) processor E5-2600 v3 product family-based systems. Micron is also sampling a 2400 MT/s device in anticipation of follow-on products targeted for 2015. Micron's fully JEDEC-compliant DDR4 portfolio includes RDIMMs, LRDIMMs, VLP RDIMMs, UDIMMs and SODIMMs (ECC and non-ECC), as well as x4, x8 and x16 components. NVDIMM customer samples are expected in the early third quarter of 2014 timeframe.


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