Micron Technology Inc was incorporated in October 1978. The Company manufactures and markets a range of DRAM, NAND Flash and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in computing, consumer, networking, automotive, industrial, embedded and mobile products. It markets its products through its internal sales force, independent sales representatives and distributors to Original Equipment Manufacturers and retailers located around the world. The Company's segments include Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit and Embedded Business Unit. CNBU includes DRAM and NOR Flash products sold to the compute, networking, graphics and cloud server markets. MBU includes DRAM, NAND Flash and NOR Flash products sold to the smartphone, feature phone and tablet mobile-device market. SBU includes NAND Flash components and SSDs sold into enterprise and client storage, cloud and removable storage markets. SBU also includes NAND Flash products sold to Intel. EBU includes DRAM, NAND Flash and NOR Flash products sold into automotive and industrial applications, as well as the connected home and consumer electronics markets. Its manufacturing facilities are located in the United States, China, Japan, Malaysia, Puerto Rico, Singapore and Taiwan. It sells semiconductor products in both packaged and unpackaged forms. Its packaged products include memory modules, SSDs, MCPs, managed NAND, memory cards and USB devices. The semiconductor memory products are offered under the Micron, Lexar, Crucial, SpecTek and Elpida brand names and private labels. The Company faces intense competition in the semiconductor memory market from a number of companies, including Samsung Electronics Co., Ltd.; SanDisk Corporation; SK Hynix Inc. and Toshiba Corporation.
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