- 18 Feb 2011:Micron Technology has acquired Canon's interest in Tech Semiconductor Singapore for about US$121 million, according to filings with the Securities and Exchange Commission. Micron also seems to be taking the lead in its joint venture with Intel.
- 14 Feb 2011:The memory-chip industry will keep a lid on capital expenditures this year, helping avoid a repeat of the production glut that plagued the industry until 2010, Micron Technology CEO Steve Appleton said.
- 24 Jan 2011:Officials with Micron Technology have said the company intends to break ground this year on a new 50,000-square-foot research facility at its main campus in Boise. At least half of the new building will be devoted to R&D of 300mm wafer microchips.
- 20 Jan 2011:As reported, Unity recently ousted its chief executive and the company is moving from a fab to an IP model, according to sources. Unity has reportedly been on the block. And a fab alliance with Fujitsu has reportedly fallen through.
- 13 Jan 2011:Nanya Technology may sell its stake in Inotera Memories to Micron Technology, a move that will herald an industry reorganization, an analyst said.
- 27 Dec 2010:Intel was expected to be a capital spending and production partner in the Singapore fab. However, Intel "is not participating" in terms of capital spending in the Singapore fab, said Micron CEO Steve Appleton. Still, over time, analysts said that Micron will go it alone in NAND and without its partner, Intel.
- 23 Dec 2010:Micron Technology said it expects prices for NAND to drop another 10% in the current quarter but pointed to signs of improvement as demand for the chips used in smartphones, tablets and solid-state hard drives grows.
- 22 Dec 2010:The upgrade reflects improving 2011 prospects for NAND flash memory demand, driven by tablets, smartphones and solid-state drives. The improving demand picture offsets concerns about higher supply due to new NAND fabs from Samsung, Toshiba and Micron expanding production in 2011.
- Auriga analyst Daniel Berenbaum has reiterated a Buy rating on Micron Technology and an US$11 price target, writing that the company's in much better shape to weather plunging DRAM prices.
- 14 Dec 2010:Micron says some flash controller jobs are going to migrate down stack towards the NAND chips, freeing up controller manufacturers from chip-dependent work they shouldn't be doing. It sees low-level flash controllers developing and taking on error management, taking this job away from existing NAND controllers.
- 2 Dec 2010:Following the acquisition of Numonyx earlier this year, Micron Technology has reorganized its memory operations. The company has also recruited Tom Eby, a former executive vice president and chief marketing and sales officer at NOR rival Spansion.
- 25 Nov 2010:Integrated Silicon Solution (ISSI) has announced that it is working with Micron Technology to become an alternate supplier of Micron's third-generation reduced-latency DRAM (RLDRAM 3 memory).
- Micron and SanDisk are chief competitors of South Korean chip giants Samsung Electronics and Hynix Semiconductor in the memory-processor market.
- 24 Nov 2010:Micron Technology is investing US$56 million to expand its Manassas facility and bring 123 new jobs to the area, Virginia officials said Tuesday.
- 22 Oct 2010:Rambus saw its results improve in the third quarter of 2010 thanks to a licensing deal signed earlier this year with former legal opponent Samsung Electronics. It is negotiating to renew deals with Toshiba and Renesas Electronics after their patent licenses expired.
- 14 Oct 2010:A Glass Lewis release said: "Micron Technology's performance has steadily deteriorated during the past three years, culminating in a US$1.8 billion loss in 2009 and a return on equity of negative 33.9%, one of the lowest among the companies appearing on our Overpaid 25 list." Micron has not had a good return from its investment in Appleton based on these figures.
- 11 Oct 2010:One analyst says yes, saying that Micron is going it alone in NAND and without Intel. Intel is not commenting, saying the analyst is only speculating without hard data.
- 8 Oct 2010:Micron Technology has disclosed in an SEC filing that Samsung has agreed to pay the company US$275 million under a new 10-year patent cross-licensing agreement.
- 28 Sep 2010:Oracle has sued Micron Technology, alleging it overcharged Sun Microsystems, which Oracle acquired, by conspiring to fix prices for computer memory chips.
- 23 Sep 2010:SanDisk, Micron to benefit from strong enterprise NAND demand (Sep 22) - International Bussiness TimesThe analyst do not expect a meaningful acceleration in enterprise SSD adoption in 2010, but his analysis suggests as system availability improves in the second half of 2010, shipments are set to grow dramatically in 2011.
- 18 Sep 2010:"Memory fundamentals have slipped more rapidly than we had anticipated due to weak PC and consumer electronics demand," Auriga USA told clients, adding later: "It now seems highly likely that MU's gross margin will dip over the next several quarters as DRAM and NAND pricing continues to weaken."
- 5 Aug 2010:Hynix will pay an estimated US$422.89 million for the 19.3% stake in the China-based joint venture, Hynix-Numonyx Semiconductor, according to Micron.
- 4 Aug 2010:It took firefighters from Boise about a half an hour to put out the fire, which broke out in a building that helps support the company's development of solar panels.
- 2 Aug 2010:Micron Technology has confirmed its support for the phase-change memory product line and R&D inherited when it acquired Numonyx in May 2010. But a company executive declined to give further details of its technology roadmap or how it plans to scale the technology below the 45nm node.
- 2 Jul 2010:As compared with previous generations, Micron's new RLDRAM 3 memory offers a further increase in density and speed, while minimizing latency and reducing power consumption for higher performing networking applications. Micron expects to begin sampling its RLDRAM 3 device in the first half of 2011.
- 30 Jun 2010:Micron Technology's shares slumped more than 13% on concerns about the growth rates for DRAM chips. However, some of the analysts who follow Micron seemed unfazed by the potential negativity, saying that such comments may actually end up benefiting Micron.
- 25 Jun 2010:Thirty-three states, including California, have reached a US$173 million settlement with six DRAM makers alleged to have fixed prices for their products between 1998 and 2002. The companies named in the lawsuit are Micron Technology and NEC Electronics America as well as Infineon Technologies, Hynix Semiconductor, Elpida Memory and Mosel Vitelic.
- 10 Jun 2010:The US Court of Appeals for the Federal Circuit in Washington has rescheduled hearings for Oct. 7. Rambus has been involved in long-standing disputes with Hynix and Micron over patent infringement as well as antitrust issues.
- 31 May 2010:Surging memory market shake up top-20 chip vendors in 1Q10, says IC Insights (May 27) - Company releaseToshiba, Hynix, Micron and Elpida all moved up at least one position in the top 20 list, with Elpida jumping six spots.
- 18 May 2010:"I think it'll be a story in 2011, and it'll be pretty good penetration in 2012. But, you know, maybe I'm wrong," said Mark Durcan, president and CEO of Micron Technology.
- Micron Technology sees strong demand for computer memory this year even as major players like Samsung invest billions of dollars to increase production, according to company president Mark Durcan.
- 10 May 2010:Micron Technology has completed its acquisition of Numonyx in an all stock transaction valued at approximately US$1.2 billion.
- 7 May 2010:Micron officials did not return phone calls to the Statesman, but Boise fire spokeswoman Lynn Hightower said regular operations at the Micron campus were not affected.
- 26 Apr 2010:
- 15 Apr 2010:Micron Technology will bring faster interfaces to its enterprise SSD (solid-state disk) line in June when it begins shipping its P300 drives to makers of storage equipment.
- 6 Apr 2010:In the NAND flash rankings for 2009, there is a surprise vendor on the list. According to Web-Feet Research, Samsung Electronics remained the leader in NAND flash in terms of share, followed in order by Toshiba and then SanDisk. SanDisk was ahead of Micron, Hynix and Intel.
- 28 Feb 2010:The deal will end years of litigation between companies - like Micron Technology, Hynix Semiconductor and Infineon Technologies - and indirect purchasers of DRAM memory chips, which includes California and several other states.
- 11 Feb 2010:Micron generated revenues of US$4.8 billion in 2009. According to industry estimates, Numonyx generated about US$1.8B in revenues. The combined revenue will make Micron one of the largest memory suppliers in the world.
- While analysts are bullish on Micron Technology's acquisition of Numonyx in a US$1.3 billion stock deal, a lack of details on the takeover and a market in decline had investors shying away Wednesday.
- 10 Feb 2010:That's good news for Samsung, but bad news for its memory rivals that use ASML's tools, such as Elpida, Hynix, IM Flash, Micron, Nanya and others. NAND rival Toshiba is said to use scanners from Nikon.
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