- 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.
- 7 Feb 2010:"I am hearing rumors that Micron maybe buying Numonyx. This deal would only make sense to give Micron a one stop memory source for wireless and all other applications, especially to satisfy Nokia..."
- 4 Feb 2010:European Union regulators are to charge ten memory chipmakers, including Samsung Electronics, Infineon and Hynix Semiconductor, with fixing prices in breach of EU antitrust rules.
- 31 Jan 2010:According to Intel and Micron, the 25nm, 8Gb device is currently sampling, and is expected to enter mass production before the second half of 2010.
- 22 Jan 2010:A settlement between Samsung Electronics Co. (005930.SE) and Rambus Inc. (RMBS) in their long-running legal battles could push co-defendents Micron Technology Inc. (MU) and Hynix Semiconductor Inc. (000660.SE) to do the same, instead of risking billions in potential damages.
- 18 Jan 2010:Micron Technology has formed a 50:50 joint venture with Australia-based integrated energy company Origin Energy focused on the development of PV (photovoltaic) technology.
- 14 Jan 2010:The case in San Francisco County Superior Court centers on allegations by Rambus that Micron Technology, Samsung Electronics and Hynix Semiconductor illegally conspired to boycott technology developed by Rambus and took other actions to block its acceptance.
- 23 Dec 2009:Micron Technology swung to a fiscal first-quarter profit¡Xits first in three years¡Xon higher sales volumes and prices as well as a large prior-year write-down.
- Micron said that it will be ''shortly'' sampling a 2x-nm NAND device. It did not specify the exact node, but some expect the company will disclose more details in early 2010.
- 22 Dec 2009:The analyst said that recent checks lead her to believe there will be a "significantly better than expected" demand for PCs in the beginning of the year -- something she expects will help balance out supply and demand for DRAM.
- 19 Dec 2009:Micron Technology has announced that it will voluntarily transfer its stock exchange listing from The New York Stock Exchange to the NASDAQ Global Select Market effective Dec. 30, 2009.
- 5 Oct 2009:Micron's recent performance was "a really strong signal" that things have been improving in the chip market, which had suffered from an industry-wide glut that drove prices into the ground, according to an analyst.
- 1 Oct 2009:
- 30 Sep 2009:Micron Technology has reported a narrower loss after an industry glut eased and product prices rebounded. DRAM sales increased 28% from the previous three months, helped by an 8% gain in ASP and a 19% rise in shipments.
- 25 Sep 2009:Micron Technology will begin to pursue manufacturing of LED devices with the help of a US$5 million federal economic stimulus grant announced Sept. 24.
- 21 Sep 2009:The SSD market has been one of several factors that have boosted demand for NAND flash memory and, as a result, boosted NAND flash prices, too. While this trend will likely continue to benefit Micron and SanDisk, it is equally likely to work against STEC in the longer term.
- 7 Sep 2009:Word on the street is that Micron is seeking to enter the NOR flash market. Some also speculated that Intel wants to unload its interest in Numonyx.
- 4 Sep 2009:The antitrust trial between memory chip designer Rambus and several chip makers, including Micron Technology, has been postponed, according to reports.
- 18 Aug 2009:"On the DRAM side, there are shortages of DDR3 SDRAM due to surprising demand in the server and other markets...The price and demand picture for NAND are also improving," said Brian Shirley, VP of Micron Technology's memory group.
- 23 Jul 2009:Apple said that it has made a US$500 million prepayment to Toshiba for flash memory chips and indicated the market is stabilizing. Intel, which makes flash chips jointly with Micron, is also seeing a recovery in pricing.
- 10 Jul 2009:...Cash flow is improving while Rivals are shutting factories. Perhaps most important, Micron has been cutting its production costs, betting that increased financial efficiency will help it survive any further shakeout along with the market leader Samsung Electronics.
- 26 Jun 2009:Micron Technology's fiscal third-quarter loss widened on lower sales and a write-down on the value of its imaging unit, but its gross margin turned positive after three negative quarters as the cost of producing chips fell below their selling price. The loss was the 10th consecutive quarterly loss for the memory-chip maker.
- 3 Jun 2009:Micron Technology on June 1 announced that it has signed an agreement to sell a majority interest in its imaging solutions business, Aptina Imaging. Micron will retain a 35% minority stake in the independent, privately held company.
- 20 May 2009:
- 14 May 2009:
- 9 Apr 2009:Micron Technology has announced that it intends to offer, subject to market and other considerations, common stock and convertible senior notes for total aggregate gross proceeds of approximately US$450 million. The company said these offerings will be used for general corporate purposes, including working capital, capital expenditures, and potential acquisitions and strategic transactions.
- 3 Apr 2009:"We're interested in finding somthing that really makes sense for us," said Micron Technology CEO Steve Appleton, who sees no compelling reason to join in the Taiwanese government's plan to aid its struggling memory chip industry.
- Taiwan Memory Co., keen on securing technology from foreign chip makers, is looking to forge an alliance with Micron Technology on top of a partnership announced Wednesday with Elpida Memory, but a three-way tie-up may be complicated and won't provide meaningful benefits, say analysts.
- 12 Mar 2009:
- The NAND rally continues. Vendors continue to increase their component prices, while SanDisk separately raised its flash card tags, according to an analyst. Amid component shortages--and reported "quality issues" at the Intel-Micron joint venture--NAND prices could jump again in 2Q.
- 9 Mar 2009:Micron is bidding for between $20 million and $100 million to convert idle buildings in Boise and Nampa to manufacture solar panels and high-efficiency lighting components. The company says its plan could establish Idaho as a world leader in developing and manufacturing solar modules or LED lighting, or both.
- 25 Feb 2009:Micron Technology's decision to cut as many as 2,000 jobs and scale back memory chip production is a "prudent" move, a Deutsche Bank analyst said.
- 24 Feb 2009:Micron Technology will cut 2,000 jobs as it phases out 200- millimeter DRAM chip manufacturing operations in Boise, Idaho, by the end of its fiscal year in August. These layoffs are in addition to a 15% reduction, affecting about 2,850 employees, announced last fall as the company stopped production of some NAND flash-memory chips.
- 20 Feb 2009:The ThinkEquity Partners' report centered on SanDisk, which is not one of the four companies Apple actually buys its memory components from (Samsung, Hynix, Toshiba and Micron). However, the report says Apple's voracious appetite for flash RAM is affecting the entire market.
- 18 Feb 2009:According to new market share figures from Gartner, both Samsung Electronics and Micron Technology have gained the most share in the DRAM market in the fourth quarter of 2008, as rivals struggle to preserve cash by cutting production. Samsung held a 29.5% market share in 3Q08 but saw this increase to 31.1% in the 4Q08. Micron saw its share increase from 8.8% in 3Q08 to 11.0% in 4Q08, thanks to strong bit growth. Micron also moved into fourth place in Gartner's DRAM company rankings.
- 3 Feb 2009:Rambus's case against Micron may be headed for dismissal if comments by federal judge Ronald Whyte are any indication. According to Whyte, a Delaware court's decision earlier this January to throw out Rambus' claims based on spoliation leave him no room for discretion.
- Micron Technology and Mosaid Technologies said Monday that they have settled all pending litigation between them.
- 2 Feb 2009:CEOs from US-based leading technology companies, in a meeting with President Obama, came out strongly in support of the economic recovery package moving through Congress and called for policies that make the US the most attractive destination for businesses, workers and capital.
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