Company profile

Future of Micron Technology

#
Rank
89
| Quantumrun Global 1000

Micron Technology, Inc. is a US worldwide corporation based in Boise, Idaho which manufactures many forms of semiconductor devices, including flash memory, solid-state drives, and dynamic random-access memory. Its consumer products are marketed under the brands Lexar and Crucial Technology. Intel and Micron combined together to create IM Flash Technologies, which manufactures NAND flash memory.

Home Country:
Sector:
Industry:
Semiconductors and Other Electronic Components
Founded:
1978
Global employee count:
31400
Domestic employee count:
Number of domestic locations:
13

Financial Health

Revenue:
$12399000000 USD
3y average revenue:
$14983000000 USD
Operating expenses:
$2343000000 USD
3y average expenses:
$2318333333 USD
Funds in reserve:
$4140000000 USD
Market country
Revenue from country
0.43
Market country
Revenue from country
0.16
Market country
Revenue from country
0.12

Asset Performance

  1. Product/Service/Dept. name
    Compute and networking business unit
    Product/Service revenue
    4529000000
  2. Product/Service/Dept. name
    Storage business unit
    Product/Service revenue
    3262000000
  3. Product/Service/Dept. name
    Mobile business unit
    Product/Service revenue
    2569000000

Innovation assets and Pipeline

Investment into R&D:
$1617000000 USD
Total patents held:
24470
Number of patents field last year:
96

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the semiconductor sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, internet penetration will grow from 50 percent in 2015 to over 80 percent by the late-2020s, allowing regions across Africa, South America, the Middle East and parts of Asia to experience their first Internet revolution. These regions will represent the biggest growth opportunities for tech companies, and the semiconductor companies that supply them, over the next two decades.

*Similar to the point above, the introduction of 5G internet speeds in the developed world by the late-2020s will enable a range of new technologies to finally achieve mass commercialization, from augmented reality to autonomous vehicles to smart cities. These technologies will also demand ever more powerful computational hardware.

*As a result, semiconductor companies will continue to push Moore’s law forward to accommodate the ever growing computational capacity and data storage needs of the consumer and business markets.

*The mid-2020s will also see significant breakthroughs in quantum computing that will enable game-changing computational abilities applicable across many sectors.

*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of semiconductor factory assembly lines, thereby improving manufacturing quality and costs.

COMPANY’S FUTURE PROSPECTS

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