Micron Technology, Inc. is an American producer of computer memory
and computer data storage
including dynamic random-access memory
, flash memory
, and USB flash drive
s. It is headquartered in Boise, Idaho
. Its consumer products are marketed under the brands Crucial and Ballistix. Micron and Intel
together created IM Flash Technologies
, which produces NAND flash memory
. It owned Lexar
Micron was founded in Boise, Idaho, in 1978
by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman as a semiconductor design consulting company. Startup funding was provided by local Idaho businessmen Tom Nicholson, Allen Noble, Rudolph Nelson, and Ron Yanke. Later it received funding from Idaho billionaire J. R. Simplot
, whose fortune was made in the potato
business. In 1981, the company moved from consulting to manufacturing with the completion of its first wafer fabrication
unit ("Fab 1"), producing 64K DRAM chips.
In 1984, the company went public
In 1994, founder Joe Parkinson retired as CEO
and Steve Appleton
took over as Chairman
, and CEO.
A 1996 3-way merger among ZEOS International
, Micron Computer, and Micron Custom Manufacturing Services (MCMS) increased the size and scope of the company;
this was followed rapidly with the 1997 acquisition of NetFrame Systems, in a bid to enter the mid-range server industry.
In 2000, Gurtej Singh Sandhu
and Trung T. Doan at Micron initiated the development of atomic layer deposition
memory devices. This helped drive cost-effective implementation of semiconductor memory
, starting with 90 nm node
was also pioneered by Gurtej Singh Sandhu at Micron during the 2000s, leading to the development of 30-nm
class NAND flash
memory, and it has since been widely adopted by NAND flash and RAM memory
Micron and Intel created a joint venture in 2005, based in IM Flash Technologies in Lehi
, Utah. The two companies formed another joint venture in 2011, IM Flash Singapore
, in Singapore. In 2012, Micron became sole owner of this second joint venture.
In 2006, Micron acquired Lexar
, an American manufacturer of digital media products.
The company again changed leadership in June 2007 with COO Mark Durcan
In 2008, Micron spun off Aptina Imaging
, which was acquired by ON Semiconductor
in 2014. Micron retained a stake in the spinoff. The core company suffered setbacks, however, requiring layoffs of 15 percent of its workforce in October 2008, during which period the company also announced the purchase of Qimonda
's stake in Inotera
technologies for $400 million. The trend of layoffs and acquisitions continued in 2009 with the termination of an additional 2,000 employees, and the acquisition of the FLCOS microdisplay company Displaytech. Micron agreed to buy flash-chip maker Numonyx
for $1.27 billion in stock in February 2010.
On February 3, 2012, the CEO, Steve Appleton
, died in a small Lancair
plane crash in Boise, Idaho. Mark Durcan replaced Appleton as the CEO shortly thereafter, eliminating his former title of President.
In the 2012–2014 period, Micron again went through an acquisition-layoff cycle, becoming the majority shareholder of Inotera Memories, purchasing Elpida Memory
for $2 billion and the remaining shares in Rexchip, a PC memory chip manufacturing venture between Powerchip
and Elpida Memory for $334 million, while announcing plans to lay off approximately 3,000 workers. Through the Elpida acquisition, Micron became a major supplier to Apple Inc.
for the iPhone
In December 2016, Micron finished acquiring the remaining 67% of Inotera
’s stake and made Inotera a 100% subsidiary of Micron in Taiwan.
In April 2017, Micron announced Sanjay Mehrotra
as the new President and CEO to replace Mark Durcan
In June 2017, Micron announced it was discontinuing the Lexar retail removable media storage business and putting some or all it up for sale. In August of that year the Lexar brand was acquired by Longsys, a flash memory company based in Shenzhen, China.
On December 5, 2017, Micron sued rivals United Microelectronics Corporation and Fujian Jinhua
Integrated Circuit Co. (JHICC) in the United States District Court for the Northern District of California, alleging infringement on its DRAM patents and intellectual property rights.
In May 2018, Micron Technology and Intel launched QLC NAND memory to increase storage density. The company ranked 150th on the Fortune 500
list of largest United States corporations by revenue.
In February 2019, the first microSD card
with a storage capacity of 1 terabyte
(TB) was announced by Micron.
As of March 2020, 3.84TB Micron 5210 Ion is the cheapest large capacity SSD in the world.
In September 2020, the company introduced the world's fastest discrete graphics memory solution. Working with computing technology leader NVIDIA, Micron debuted GDDR6X in the new NVIDIA® GeForce RTX™ 3090 and GeForce RTX 3080 graphics processing units (GPUs).
In November 2020, the company unveiled a new 176-layer 3D NAND chip. It offers improved read and write latency and is slated to be used in the production of a new generation of solid state drives.
* IM Flash Technologies
* IM Flash Singapore
* List of companies based in Idaho
* List of semiconductor fabrication plants
* MPC Corporation
Micron Channel PartnersCrucial.com by Micron
- consumer sales for Micron memory
- an Intel, Micron Venture
Category:1978 establishments in Idaho
Category:1980s initial public offerings
Category:American companies established in 1978
Category:Companies based in Boise, Idaho
Category:Companies listed on NASDAQ
Category:Computer companies established in 1978
Category:Computer companies of the United States
Category:Computer memory companies
Category:Electronics companies established in 1978
Category:Electronics companies of the United States
Category:Manufacturing companies based in Idaho
Category:Semiconductor companies of the United States
Category:Computer storage companies