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Micron Technology Inc. is a US based company engaged in semiconductor systems. It competes with Intel Corp., Sandisk Corporation, Samsung Electronics Co. Ltd. And Toshiba Corporation. The company operates in six different geographical regions: Europe, United States, Taiwan, Asia (excluding China and Japan), China and Japan. As of 2018, the revenues from these regions came in at. And let’s look into the Micron Technology’s Revenue by region data here.
US Million | 2017 | 2018 | 2019 |
United States | 11359 | 17116 | 12451 |
Mainland China (excluding Hong Kong) | 1539 | 3607 | 3595 |
Taiwan | 2892 | 3918 | 2703 |
Hong Kong | 1429 | 1761 | 1614 |
Other Asia Pacific | 1078 | 1458 | 1032 |
Japan | 1042 | 1265 | 958 |
Other | 983 | 1266 | 1053 |
Micron Technologies Inc. has operations across four continents across the globe: Asia, Europe, North America and South America in thirteen different countries such as United Kingdom, Italy, Belgium, Malaysia, Singapore and India to name a few.
As far as the total revenue is concerned, there has been a significant growth in 2018 as compared to 2017, approximately equal to 49.5%. For all the geographical regions, there has been a positive change in the reported revenue which could be attributed to the incentives that the company receives from the national, state and local governments in these regions. These incentives such as loan subsidies, tax arrangements and grants, are conditional upon maintaining or achieving certain levels of investment, capital spending, employment and technology deployment by the company.
Micron Technologies Inc., including its consolidated subsidiaries, is an industry leader in innovative memory and storage solutions. Their solutions have also embedded disruptions in the technology sector like artificial intelligence, machine learning, augmented reality and autonomous vehicles, in key segments like datacenter, cloud, automotive, mobile and networking.
The company has both wholly-owned and joint venture facilities for product manufacturing. In the recent years, they have scaled their manufacturing capacity through strategic acquisitions, expansion and partnering.
The company has increasingly channelized its investments to the development of proprietary products and process technology which is distinctly reflected in their manufacturing facilities and products.
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