Micron Technology MU

8000 S. Federal Way, Boise, Idaho 83716-9632

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Micron Technology, Inc. is a leading provider of cutting-edge semiconductor solutions and products, based in Boise, Idaho. Founded in 1978, the company manufactures dynamic random-access memory (DRAM), flash memory, USB flash drives and other storage solutions used by a wide range of businesses and consumers around the world. With more than 35,000 employees worldwide and a $20 billion market capitalization as of 2019, Micron has remained at the forefront of technological innovation for over 40 years. The company's products are used in enterprise applications such as networking and data centers; mobile computing devices including smartphones and tablets; personal computers; automotive electronics; embedded systems; gaming consoles; imaging systems; industrial manufacturing processes; medical devices; military systems and more.

Fiscal Year

31-Aug-23

Total employees

43,000

Micron holds over 10,800 patents worldwide including more than 4500 US patents related to various aspects of semiconductor device technology. The company’s commitment to investing heavily in research & development keeps it at the cutting edge of technological innovation in this fast evolving industry. Micron's DRAM products include LPDRAM, DDR4/DDR3 SDRAM for servers, PCs and notebooks; GDDR6/GDDR5 SGRAM for graphics boards; RL DRAM (LPDRAM) for low-power applications like IoT sensors and connected devices. Its Flash products include 3D NAND SSDs for data center applications such as cloud storage and Big Data analytics, iNAND Embedded Flash Drives (EFDs) for mobile phones and tablets, SD cards for consumer electronics devices as well as SATA SSDs for laptop PCs. In addition to its traditional semiconductor business, Micron also offers advanced services such as component fabrication services (Fab Services), design & manufacturing services (DMS) that provide customers with end-to-end product solutions from concept to delivery.

Part categories

Leadership

Revenue Overview

Year Revenue Gross Margin Gross Margin % Net Income

2020

Revenue

$21,435M

Gross Margin

$6,552M

Gross Margin %

31%

Net Income

$2,710M

2021

Revenue

$27,705M

Gross Margin

$10,423M

Gross Margin %

38%

Net Income

$5,861M

2022

Revenue

$30,758M

Gross Margin

$13,898M

Gross Margin %

45%

Net Income

$8,687M

2023

Revenue

$15,540M

Gross Margin

$-1,416M

Gross Margin %

-9%

Net Income

$-5,833M

Product Segment Overview

Year Compute and Networking Business Unit (CNBU) CNBU % of Revenue Mobile Business Unit (MBU) MBU % of Revenue Embedded Business Unit (EBU) EBU % of Revenue Storage Business Unit (SBU) SBU % of Revenue All Other Total Revenue

2020

Compute and Networking Business Unit (CNBU)

$9,184M

CNBU % of Revenue

43%

Mobile Business Unit (MBU)

$5,702M

MBU % of Revenue

27%

Embedded Business Unit (EBU)

$2,759M

EBU % of Revenue

13%

Storage Business Unit (SBU)

$3,765M

SBU % of Revenue

18%

All Other

$25M

Total Revenue

$21,435M

2021

Compute and Networking Business Unit (CNBU)

$12,280M

CNBU % of Revenue

44%

Mobile Business Unit (MBU)

$7,203M

MBU % of Revenue

26%

Embedded Business Unit (EBU)

$4,209M

EBU % of Revenue

15%

Storage Business Unit (SBU)

$3,973M

SBU % of Revenue

14%

All Other

$40M

Total Revenue

$27,705M

2022

Compute and Networking Business Unit (CNBU)

$13,693M

CNBU % of Revenue

45%

Mobile Business Unit (MBU)

$7,260M

MBU % of Revenue

24%

Embedded Business Unit (EBU)

$5,235M

EBU % of Revenue

17%

Storage Business Unit (SBU)

$4,553M

SBU % of Revenue

15%

All Other

$17M

Total Revenue

$30,758M

2023

Compute and Networking Business Unit (CNBU)

$5,710M

CNBU % of Revenue

37%

Mobile Business Unit (MBU)

$3,630M

MBU % of Revenue

23%

Embedded Business Unit (EBU)

$3,637M

EBU % of Revenue

23%

Storage Business Unit (SBU)

$2,553M

SBU % of Revenue

16%

All Other

$10M

Total Revenue

$15,540M

End Markets Overview

Year Automotive, Industrial, and Consumer

2020

Automotive, Industrial, and Consumer

15%

2021

Automotive, Industrial, and Consumer

15%

2022

Automotive, Industrial, and Consumer

15%

2023

Automotive, Industrial, and Consumer

25%

Geographic Overview

Year United States Taiwan China Japan Hong Kong Other Asia Pacific Other Total Revenue

2020

United States

$10,381M

Taiwan

$3,657M

China

$2,337M

Japan

$1,387M

Hong Kong

$1,792M

Other Asia Pacific

$1,157M

Other

$724M

Total Revenue

$21,435M

2021

United States

$12,155M

Taiwan

$6,606M

China

$2,456M

Japan

$1,652M

Hong Kong

$2,582M

Other Asia Pacific

$1,420M

Other

$834M

Total Revenue

$27,705M

2022

United States

$16,026M

Taiwan

$6,185M

China

$3,311M

Japan

$1,696M

Hong Kong

$1,665M

Other Asia Pacific

$1,223M

Other

$652M

Total Revenue

$30,758M

2023

United States

$7,805M

Taiwan

$2,697M

China

$2,181M

Japan

$987M

Hong Kong

$340M

Other Asia Pacific

$752M

Other

$778M

Total Revenue

$15,540M

Properties

Micron Technology

City State Country

City

Taichung

State

-

Country

Taiwan

City

Taoyuan

State

-

Country

Taiwan

City

Singapore

State

-

Country

Singapore

City

Hiroshima

State

-

Country

Japan

City

Boise

State

Idaho

Country

USA

City

Manassas

State

Virginia

Country

USA

City

Maur

State

-

Country

Malaysia

City

Penang

State

-

Country

Malaysia

City

Xi'an

State

-

Country

China

Fab locations

Micron Technology

City State Country FAB facility name Fab initiation Wafer capacity

City

Boise

State

Boise

Country

Boise

FAB facility name

Fab 4

Fab initiation

1994

Wafer capacity

8750

City

Manassas

State

Manassas

Country

Manassas

FAB facility name

Fab 6

Fab initiation

1997

Wafer capacity

23000

City

Manassas

State

Manassas

Country

Manassas

FAB facility name

Fab 6

Fab initiation

2006

Wafer capacity

28000

City

Taoyuan

State

Taoyuan

Country

Taoyuan

FAB facility name

Fab 11

Fab initiation

2007

Wafer capacity

34000

City

Taichung

State

Taichung

Country

Taichung

FAB facility name

Fab 16 A1

Fab initiation

2007

Wafer capacity

50000

City

Taichung

State

Taichung

Country

Taichung

FAB facility name

Fab 16 A3

Fab initiation

2021

Wafer capacity

3000

City

Hiroshima

State

Hiroshima

Country

Hiroshima

FAB facility name

Fab 15

Fab initiation

2002

Wafer capacity

98000

City

Taoyuan

State

Taoyuan

Country

Taoyuan

FAB facility name

Fab 11

Fab initiation

2004

Wafer capacity

34000

City

Hiroshima

State

Hiroshima

Country

Hiroshima

FAB facility name

New Hiroshima DRAM Fab

Fab initiation

-

Wafer capacity

-

City

Boise

State

Boise

Country

Boise

FAB facility name

Fab 4

Fab initiation

2017

Wafer capacity

11750

City

Singapore

State

Singapore

Country

Singapore

FAB facility name

Fab 10W

Fab initiation

2016

Wafer capacity

20000

City

Singapore

State

Singapore

Country

Singapore

FAB facility name

Fab 10X

Fab initiation

2016

Wafer capacity

55000

City

Hiroshima

State

Hiroshima

Country

Hiroshima

FAB facility name

Fab 15

Fab initiation

2019

Wafer capacity

18000

City

Singapore

State

Singapore

Country

Singapore

FAB facility name

Fab 10A

Fab initiation

2019

Wafer capacity

18000

City

Singapore

State

Singapore

Country

Singapore

FAB facility name

Fab 10N

Fab initiation

2014

Wafer capacity

47000

City

Taoyuan

State

Taoyuan

Country

Taoyuan

FAB facility name

Fab 11

Fab initiation

2000

Wafer capacity

32000

City

Boise

State

Boise

Country

Boise

FAB facility name

Fab 4

Fab initiation

2012

Wafer capacity

6000

City

Taichung

State

Taichung

Country

Taichung

FAB facility name

Fab 16 A2

Fab initiation

2015

Wafer capacity

43000

City

Clay

State

Clay

Country

Clay

FAB facility name

New Clay Fab Phase 1

Fab initiation

2027

Wafer capacity

-

City

Boise

State

Boise

Country

Boise

FAB facility name

New Boise Fab 1

Fab initiation

2025

Wafer capacity

-

City

Hiroshima

State

Hiroshima

Country

Hiroshima

FAB facility name

Fab 15

Fab initiation

2021

Wafer capacity

-

City

Taichung

State

Taichung

Country

Taichung

FAB facility name

Fab 16 A5

Fab initiation

2028

Wafer capacity

-

City

Manassas

State

Manassas

Country

Manassas

FAB facility name

Expansion Fab

Fab initiation

2020

Wafer capacity

6000