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Micron Technology Inc. (Micron)

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Micron Technology Inc. (Micron) - ICT showcase

Year Founded & Workforce

1978

36,000 Employees

Industry

ICT

Services

ProductsAdvanced Computing Solutions
M

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Micron Technology Inc. (Micron) Overview

Company Headquarters: US

Founded: 1978

Workforce: ~ 36,000

Company Overview: Micron Technology Inc. (Micron) is a memory and storage solutions provider. The company offers a broad portfolio of high-performance memory and storage technologies, such as DRAM, NAND, NOR Flash, and 3D XPoint memory. It operates in four segments, namely compute and networking business unit (CNBU), mobile business unit (MBU), storage business unit (SBU), embedded business unit (EBU) and others. The CNBU segment includes memory products and solutions sold in the cloud server, enterprise, client, graphics, and networking markets. The MBU segment includes memory products used in smartphone and other mobile-device markets, including discrete DRAM, discrete NAND, and managed NAND. SBU includes SSDs and component-level solutions used in the enterprise and cloud, client, consumer, and discrete storage markets. EBU includes memory and storage products which include discrete DRAM, discrete NAND, managed NAND, and NOR used in automotive, industrial, and consumer markets. The company promotes its product via its own sales force, independent sales representatives, distributors, and e-retailers to OEMs around the world. The company offers semiconductor memory and storage products under Micron, Crucial, and Ballistix brand names. The company has a wide geographic presence in North America, Europe, Asia-Pacific, and rest of the world.

Strategy

Micron focuses on research and development to offer a diversified product portfolio of semiconductor-based memory and storage solutions. This helps the company to launch new products with enhanced capabilities to retain its customers and maintain its leadership position as a developer and manufacturer of DRAM, NAND, NOR, and other memory technologies used to aid deep learning technologies.

Company Snapshot

$15,250M

Revenue

36,000

Employees

1978

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Wide geographic presence
  • High research and development capabilities
  • Steady financial performance

Weaknesses

  • Lack of product diversification

Opportunities

  • ▪ Increasing demand for AI driven smartphones

Threats

  • Fluctuations in currency exchange
  • Intense market competition
  • ▪ Technological changes

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Product Offering

  • Micron Technology Inc. (Micron)
    • Products
    • Advanced Computing Solutions

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Compute and Networking was USD 15.3 Bn in 2018.
Micron Technology Inc. (Micron) — By Business Segment
Series (USD Bn)2018
Compute and Networking15.3
Mobile6.6
Storage5
Embedded Business Unit3.5
Others0.1

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