Introduction
Micron Technology is a manufacturer of semiconductor products, including dynamic random access memory (DRAM), NAND flash memory, and NOR flash memory. The company was founded in 1978 as Micron Electronics Inc., but changed its name to Micron Technology in 1983 when it began selling DRAM chips.
The company has seen steady growth since its inception; revenue increased from $1 billion in 2000 to $14 billion in 2017–a 14-fold increase over 17 years!
Founding and History
Micron is a leading global manufacturer of semiconductor products, including DRAM, NAND flash memory and NOR flash memory. The company was founded in 1978 by Stan Shih and three other engineers who left Intel to start their own company. It has since grown into one of the largest manufacturers of semiconductor components in the world, with annual revenues exceeding $30 billion USD (as of 2018).
Micron Technology went public on September 29th 1983 with an IPO price of $20 per share under its original ticker symbol MXRQ–which stood for “Microelectronics Reliability Quality.” Today it trades under MU on both NYSE and Nasdaq exchanges; its most recent close price was $28.00 per share as of December 12th 2018.[1]
Products and Services
Micron Technology is a leading global manufacturer of semiconductor products. The company’s product portfolio includes memory devices, storage solutions and other silicon components. Micron offers its products under the Micron brand name or through partner brands such as Crucial, Ballistix and Lexar.
Micron’s main services include design engineering services, manufacturing services and supply chain management solutions for various industries including consumer electronics, communications infrastructure, medical devices/equipment (e.g., pacemakers), automotive/transportation systems etc..
Employees
Micron Technology has a total of 35,000 employees. The company’s headquarters are located in Boise, Idaho, with other offices located throughout the United States and around the globe. Micron employs more than 3,500 people in its R&D division alone; this group works tirelessly to develop new technologies for use by its customers around the world.
Micron’s workforce includes engineers who design new products and processes; technicians who manufacture those products on a large scale; salespeople who sell goods directly to consumers or businesses; administrative staff members who handle day-to-day operations like accounting tasks and human resources functions; customer service representatives who help clients troubleshoot problems with their purchases (or even just answer questions about them).
Company Contact Information
- Company address:
- Phone number:
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You can contact Micron Technology through the following methods:
Sources
I used the following sources to write this article:
- Micron Technology’s website.
- The Motley Fool, an investing website.
- Seeking Alpha, another investing website.
Conclusion
Micron Technology is a global leader in semiconductor memory and storage solutions. The company’s product portfolio includes DRAM, NAND flash and other emerging non-volatile memory technologies such as 3D XPoint. Micron has manufacturing facilities worldwide, including in the U.S., Japan, China and Taiwan.
Micron Technology was founded in 1978 by four former Intel employees who wanted to start their own company after being laid off from Intel during a recession period for the semiconductor industry at that time. Initially named “Micron Electronics,” it changed its name to “Micron Technologies” when it went public on NASDAQ in 1983 with an IPO price of $8 per share (about $19 adjusted for inflation). The company hit its all-time high stock price at $50 per share back then but since then has seen ups and downs like many other tech companies have experienced over time due to changing market conditions or even just bad luck–for example: if you bought shares at this point last year when they were trading at around $15 apiece then today would’ve been quite disappointing because now those same shares are worth less than half what they were worth just twelve months ago!
Source : Google
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