- 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.
- 22 Jan 2009:More than 90 jobs are being shed in Boise because of production slowdowns at Micron Technology.
- 13 Jan 2009:German memory chip maker Qimonda AG's long-term chances of survival are limited, despite its recent bailout, as Taiwan's chip makers strengthen their alliances with peers from Japan and the US. Those alliances could leave Qimonda without a technology partner and cast it as a minor player in the industry.
- 12 Jan 2009:Micron Technology has announced that the US District Court of Delaware has found that patents Rambus had asserted against Micron are unenforceable. The Delaware Court found that ¡§the spoliation conduct was extensive, including within its scope the destruction of innumerable documents relating to all aspects of Rambus¡¦ business.¡¨
- 30 Dec 2008:Wachovia Capital Markets analyst David Wong said Micron should take action to raise cash over the next two to three quarters. The Boise, Idaho, maker of semiconductor devices had US$1.03 billion in cash and short-term investments and US$2.9 billion in debt at the end of its fiscal 2009 first quarter, ended Dec. 4, according to Wong.
- 19 Dec 2008:Shares of Micron Technology are on the move today, rising 25%, on word rival Hynix Semiconductor will cut memory chip production by 20%-30% at the end of this month due to weak prices and demand.
- 2 Dec 2008:German chip maker Qimonda, which is majority-owned by Infineon, needs a helping hand. Its memory chips are struggling in an oversupplied market, and the firm is burning cash at a rate of $250.0 million per quarter. Investors have deserted the company, while Infineon is desperately trying to offload as much of its stake as possible. If current talks with potential investors fail, the company faces a cash crisis in the next few months.
- 27 Nov 2008:Rambus shares surged for the second straight day Wednesday after the chip maker received a positive pre-trial ruling in California in its patent case against some of the largest semiconductor companies in the world. According to a court document on Rambus's Web site, on Monday a U.S. District judge issued a summary decision in favor of Rambus, saying the chip makers infringed on certain aspects of Rambus's patents. The chipmakers named in the case are Hynix Semiconductor, Samsung Electronics, Nanya Technology and Micron Technology.
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