Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Posts Tagged ‘Micron Technology’

Micron’s Ed Doller to Keynote at 2013 Flash Memory Summit

Posted by fidest press agency su mercoledì, 7 agosto 2013

SANTA CLARA, Calif., 2013-08-06 14:00 CEST (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU), one of the world’s leading providers of advanced semiconductor solutions, today announced that Ed Doller, vice president and chief memory systems architect, will deliver a keynote presentation titled “Storage Architecture for the Data Center in 2020” at Flash Memory Summit on Wednesday, August 14 at the Santa Clara Convention Center in Santa Clara, California. With over 25 years of semiconductor industry experience with flash memory products, Doller will explain how flash-based architectures will continue to be on the forefront of future computing infrastructure.As the growth of Big Data rises exponentially, the ability to search and analyze information requires increasing amounts of energy. Today’s model, structure, and methods of storage are not sustainable for future data center needs. The presentation will share how the primary computing challenges in 2020 will not be computational problems, but data search problems, and how the technologies that manage the search and retrieval of that data are going to be critical to future of the data center.Micron will also be exhibiting at Flash Memory Summit and can be found in booth 514 during the open exhibit hall hours.

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Micron Technology to Host Analyst Conference

Posted by fidest press agency su domenica, 4 agosto 2013

BOISE, Idaho, 2013-08-02 14:00 CEST (GLOBE NEWSWIRE) conference, 10 a.m. – 12 p.m. ET. A replay will be available via the Website until Sept. 9, 2013.– Micron Technology, Inc. (Nasdaq:MU) will host an analyst conference on Friday, Aug. 9, 2013. Mark Durcan, Micron’s Chief Executive Officer, and other executive officers will present Micron’s strategy, discuss the company’s recent acquisition of Elpida Memory, Inc., and provide an update on current market conditions.At the analyst conference, presentations by Micron officers will start at 10 a.m. ET. The analyst meeting will be Webcast, featuring live audio and slides, at
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com.
Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.

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Micron Updates Anticipated Timing of Closing of Elpida Transactions

Posted by fidest press agency su martedì, 30 luglio 2013

BOISE, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU) (“Micron”) announced today that it anticipates the closing of Micron’s acquisition of 100 percent of Elpida’s equity to occur on July 31, 2013, Tokyo time.The closing of the acquisition will be pursuant to a Sponsor Agreement entered into on July 2, 2012, in connection with Elpida’s corporate reorganization proceedings conducted under the jurisdiction of the Tokyo District Court. The closing of the transaction is subject to satisfaction or waiver of a number of conditions, including final approval by the Tokyo District Court.
Micron also anticipates concurrently closing its acquisition of a 24 percent share of Rexchip Electronics Corporation from Powerchip Technology Corporation and certain of its affiliates.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com.Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.

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Micron Unveils 16-Nanometer Flash Memory Technology

Posted by fidest press agency su mercoledì, 17 luglio 2013

BOISE, Idaho, 2013-07-16 14:00 CEST (GLOBE NEWSWIRE) — Micron Technology, Inc., (Nasdaq:MU) today announced that it is sampling next-generation, 16-nanometer (nm) process technology, enabling the industry’s smallest 128-gigabit (Gb) multi-level cell (MLC) NAND Flash memory devices. The 16nm node is not only the leading Flash process, but it is also the most advanced processing node for any sampling semiconductor device. It solidifies Micron’s leadership position in storage technology development and delivers on the company’s vision to provide the most advanced semiconductor solutions.
Micron’s 128Gb MLC NAND Flash memory devices are targeted at applications like consumer SSDs, removable storage (USB drives and Flash cards), tablets, ultrathin devices, mobile handsets and data center cloud storage. The new 128Gb NAND Flash memory provides the greatest number of bits per square millimeter and lowest cost of any MLC device in existence. In fact, the new technology could create nearly 6TB of storage on a single wafer.”Micron’s dedicated team of engineers has worked tirelessly to introduce the world’s smallest and most advanced Flash manufacturing technology,” said Glen Hawk, vice president of Micron’s NAND Solutions Group. “Our customers continually ask for higher capacities in smaller form factors, and this next-generation process node allows Micron to lead the market in meeting those demands.””Cost reductions will always be fundamental to the NAND industry and so companies who can continue to lead on the flash process technology will be poised for success, particularly in vertically integrated solutions,” according to Gartner.*Micron is sampling the 16nm, 128Gb MLC NAND with select partners now and plans to be in full production in 4Q13. Micron is also developing a new line of solid-state drive (SSD) solutions based on these devices and expects to ship SSDs with 16nm Flash in 2014.
Images of Micron’s 16nm NAND can be downloaded at: http://www.micron.com/about/news-and-events/media-kits/16nm-nand

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Micron’s Hybrid Memory Cube Named Memory Product of the Year by EE Times and EDN

Posted by fidest press agency su domenica, 28 aprile 2013

Boise, Idaho, 2013-04-24 21:00 CEST (GLOBE NEWSWIRE) — Micron Technology, Inc., (Nasdaq:MU) announced today that its Hybrid Memory Cube was named the Memory Product of the Year by a panel of industry experts. The award was announced this week at the EE Times and EDN ACE Awards Event at Design West, the annual technical conference for electronics design engineers, entrepreneurs and technology professionals. This year’s awards mark a critical juncture in the industry, as system designers across a broad range of applications look for new memory system designs that will support increased demands for bandwidth, density and power efficiency. Hybrid Memory Cube (HMC) has been recognized by industry leaders and influencers as the long-awaited answer to the growing gap between the performance improvement rate of DRAM versus processor data consumption rate – a dilemma known as the “memory wall.””Electronic Design News and EE Times are two of the industry’s most influential and well-read publications by design engineers and system architects,” said Brian Shirley, vice president of Micron’s DRAM solutions group. “We are honored that they share our vision for the unprecedented impact and value that Hybrid Memory Cube brings to the electronics industry.”An industry breakthrough, HMC uses advanced through-silicon vias (TSVs) – vertical conduits that electrically connect a stack of individual chips – to combine high-performance logic with Micron’s state-of-the-art DRAM chips. HMC delivers bandwidth and efficiencies a leap beyond current device capabilities, blasting data 15 times faster than a DDR3 module and using 70 percent less energy and 90 percent less space than existing technologies. Micron expects to ship the first engineering samples of this revolutionary technology later this year.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com.©2013 Micron Technology, Inc. All rights reserved. Information is subject to change without notice. Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners. This news release contains forward-looking statements regarding the production of Hybrid Memory Cube. Actual events or results may differ materially from those contained in the forward-looking statements. Please refer to the documents Micron files on a consolidated basis from time to time with the Securities and Exchange Commission, specifically Micron’s most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause the actual results for Micron on a consolidated basis to differ materially from those contained in our forward-looking statements (see Certain Factors). Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

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Micron Notes Appeal of Tokyo District Court’s Approval of Elpida Reorganization Plan

Posted by fidest press agency su lunedì, 1 aprile 2013

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU) (“Micron”) today noted that certain unsecured creditors of Elpida Memory Inc. filed appeals in Tokyo on Friday, March 29, of the Tokyo District Court’s February 28 order approving Elpida’s plan of reorganization. Elpida’s reorganization plan calls for Micron to sponsor Elpida’s reorganization under which Elpida will become a wholly-owned subsidiary of Micron. The Tokyo District Court’s approval followed an Elpida creditor vote, concluded on February 26, in which the creditors voted overwhelmingly to approve the reorganization plan.”Elpida trustees and the court ran a very thorough and competitive sponsor selection process before selecting Micron as the sponsor,” said Micron CEO Mark Durcan. “Their decision and plan of reorganization was confirmed by the successful vote of the creditors in February. We are confident the Tokyo District Court’s approval of Elpida’s reorganization plan will be upheld.”The closing of the transaction remains subject to the satisfaction or waiver of certain conditions—including finalization of the Tokyo District Court’s approval order under Japanese bankruptcy rules and recognition of Elpida’s reorganization plan by the United States Bankruptcy Court for the District of Delaware (or the completion or implementation of alternative actions providing a substantially similar effect). It is estimated the appeal process of the Tokyo District Court’s approval order will take approximately three to four months.

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Micron Technology, Inc., Reports Results for the Second Quarter of Fiscal 2013

Posted by fidest press agency su venerdì, 22 marzo 2013

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc., (Nasdaq:MU) today announced results of operations for its second quarter of fiscal 2013, which ended February 28, 2013. For the second quarter, the company had a net loss attributable to Micron shareholders of $286 million, or $0.28 per diluted share, on net sales of $2.1 billion. The results for the second quarter of fiscal 2013 compare to a net loss of $275 million, or $0.27 per diluted share, on net sales of $1.8 billion for the first quarter of fiscal 2013, and a net loss of $282 million, or $0.29 per diluted share, on net sales of $2.0 billion for the second quarter of fiscal 2012.Results of operations for the second quarter of fiscal 2013 include losses of $120 million from changes in the market value of the company’s currency hedges entered into in connection with its planned acquisition of Elpida Memory, Inc. and Rexchip Electronics Corporation. The results also include a loss of $62 million associated with the expected sale of the company’s 200 millimeter wafer fabrication facility in Avezzano, Italy, in the first half of calendar 2013.The company’s consolidated gross margin improved to 18 percent in the second quarter of fiscal 2013 compared to 12 percent in the first quarter of fiscal 2013. Gross margin improvements were realized from sales of NAND Flash products and from sales of DRAM products due to decreases in manufacturing costs.Revenues from sales of DRAM products in the second quarter of fiscal 2013 were 24 percent higher compared to the first quarter of fiscal 2013, due to a 38 percent increase in sales volume partially offset by a 10 percent decrease in average selling prices. Revenues from sales of NAND Flash products were 8 percent higher in the second quarter of fiscal 2013 compared to the first quarter of fiscal 2013, primarily due to a 13 percent increase in Trade NAND Flash sales volume. Sales of NOR Flash products were 14 percent lower in the second quarter of fiscal 2013, compared to the first quarter of fiscal 2013, due to decreases in sales volumes and average selling prices.Cash flows from operations for the first six months of fiscal 2013 were $470 million, while investments in capital expenditures were $891 million. In the second quarter of fiscal 2013, the company issued $600 million of convertible senior notes. In connection therewith, the company used $477 million to repurchase a portion of its 2014 notes. The company ended the quarter with cash and investments of $2.8 billion.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND Flash and NOR Flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com.

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Micron Technology apporta miglioramenti all’accordo di Joint Venture Inotera Memories

Posted by fidest press agency su sabato, 19 gennaio 2013

Boise, Idaho, (GLOBE NEWSWIRE) Micron Technology, Inc. (Nasdaq: MU) ha oggi annunciato di aver stipulato accordi con Nanya Technology Corporation per migliorare il loro rapporto nella joint venture riguardante Inotera Memories Inc., un importante produttore taiwanese di memorie DRAM, e apportare perfezionamenti al loro accordo di sviluppo congiunto. I nuovi accordi hanno effetto immediato. Le modifiche includono un nuovo accordo di fornitura tra Micron e Inotera in base al quale Micron si preparerà all’acquisto di tutta la produzione manifatturiera di Inotera, con Micron che acquisterà sostanziale tutta la produzione a partire dai primi mesi del 2013. In base agli accordi precedenti, Nanya e Micron erano generalmente obbligate ad acquistare metà della produzione di Inotera. Anche i termini commerciali del nuovo accordo di fornitura tra Micron e Inotera sono cambiati. Secondo il nuovo accordo, il prezzo di acquisto di Micron per la produzione di Inotera è basato sul prezzo di mercato, anziché in relazione alla condivisione del margine, come era previsto dal precedente accordo. Inoltre Nanya non parteciperà più al programma di sviluppo tecnologico delle DRAM in collaborazione con Micron, che è stato avviato quando Micron e Nanya avevano creato la joint venture di Inotera nel 2008. Micron, inoltre, fornirà a Nanya una licenza tecnologica soggetta a royalty.
Micron e Nanya collettivamente continueranno a detenere la maggioranza delle azioni di Inotera, tenendo conto che Nanya, o le sue società affiliate, acquisiranno probabilmente nel prossimo anno una partecipazione di capitale maggiore. Micron, Nanya e i loro affiliati attualmente sono rispettivamente in possesso di circa il 40 per cento e il 29 per cento delle azioni in circolazione di Inotera.Gli accordi oggi annunciati non cambiano le stime del secondo trimestre fiscale 2013 precedentemente comunicate riguardanti la crescita della produzione di bit DRAM, della ricerca e sviluppo e del prezzo di vendita medio trimestrale stimato (includendo il mix di prodotti previsti per il trimestre) e il costo per bit.
Micron Technology Inc. è uno dei maggior fornitori al mondo di soluzioni avanzate per semiconduttori. Attraverso i suoi impianti di produzione a livello mondiale la Micron produce e commercializza una gamma completa di memorie DRAM, memorie flash NAND e NOR, così come altre tecnologie di memoria innovative, moduli di memoria e sistemi a semiconduttori per l’uso in prodotti d’avanguardia, prodotti al consumo, per il networking, per la telefonia mobile e sistemi integrati. Le azioni ordinarie della Micron sono quotate al NASDAQ con il simbolo MU. Per ulteriori informazioni su Micron Technology Inc., visitare il sito http://www.micron.com

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Micron Technology Amends Inotera Memories Joint Venture With Nanya Technology Corporation

Posted by fidest press agency su venerdì, 18 gennaio 2013

Boise, Idaho, Micron Technology, Inc. (Nasdaq:MU) today announced that it has entered into agreements with Nanya Technology Corporation to amend their joint venture relationship involving Inotera Memories, Inc., a leading Taiwanese DRAM memory manufacturer, and to amend their joint development arrangement. The new agreements are effective immediately.The amendments include a new supply agreement between Micron and Inotera pursuant to which Micron is transitioning to purchase all of Inotera’s manufacturing output, with Micron purchasing substantially all of such output beginning in early 2013. Under the prior agreements, Nanya and Micron were each generally obligated to purchase half of Inotera’s output. Commercial terms of the new supply agreement between Micron and Inotera have also changed. Under the new arrangement, Micron’s purchase price for Inotera output is market based as opposed to the former margin sharing arrangement.Additionally, Nanya will no longer participate in the DRAM technology joint development program with Micron, which was initiated when Micron and Nanya entered into the Inotera joint venture in 2008. Micron will also provide Nanya with a royalty-bearing technology license.Micron and Nanya collectively will continue to hold a majority of Inotera’s shares, with Nanya or its affiliated companies likely acquiring greater equity ownership over the next year. Micron and Nanya and their affiliates currently own approximately 40 percent and 29 percent, respectively, of Inotera’s outstanding shares.The agreements announced today do not change Micron’s previously announced fiscal second quarter 2013 estimates for DRAM production bit growth, research and development, estimated quarter to date average selling price (including forecasted product mix for the quarter) and cost per bit.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com.

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Micron amplia il portafoglio delle Phase Change Memory

Posted by fidest press agency su venerdì, 14 dicembre 2012

Boise, Idaho, (Globe Newswire) — Micron Technology, Inc. (Nasdaq: MU), uno dei principali fornitori al mondo di soluzioni avanzate per semiconduttori, ha annunciato oggi l’aggiunta di un nuovo prodotto al suo portafoglio di memorie Phase Change Memory (PCM). Con grandi volumi di spedizione delle sue soluzioni PCM basate sul multichip package (MCP) e 1-gigabit (Gb), da 45 nanometri (nm), per i dispositivi mobili, l’azienda è ora in fase di campionamento delle memorie PCM a 512 megabit (Mb) in MCP e LPDDR MCP da 512Mb che offrono una maggiore flessibilità in termini di requisiti dell’applicazione. La società ha inoltre annunciato che è in corso la spedizione delle memorie PCM da 1 Gb ad uno dei principali produttori al mondo di dispositivi mobili, Nokia, per l’utilizzo nei telefoni da loro recentemente annunciati.
Essendo la prima azienda al mondo a spedire soluzioni PCM in volume, Micron sta costruendo una stretta collaborazione con i fornitori di chipset, gli enablers e i produttori di cellulari, per soddisfare la crescente domanda di mercato di memorie PCM. Nokia sta utilizzando la soluzione PCM di Micron per arricchire la funzionalità di selezionati dispositivi del proprio portafoglio.
La costanze attenzione della società alla leadership e all’innovazione tecnologica nel settore delle memorie sono fattori critici nel successo e nell’adozione di soluzioni PCM aggiornate. Inoltre, l’interfaccia condivisa tra LPDDR2 e PCM, e con un design ottimizzato, è pienamente compatibile con gli standard di settore JEDEC, ciò aumenta ulteriolmente l’appeal del prototto nel mercato.
La soluzione PCM migliora i tempi di avvio, semplifica lo sviluppo del software e aumenta le prestazioni grazie alle funzionalità di sovrascrittura. Essa fornisce anche un consumo di tensione molto basso ed un’affidabilità estremamente elevata. La soluzione a 45 nm delle memorie PCM di Micron è attualmente indirizzata all’utilizzo nei telefoni cellulari con funzionalità avanzate, la tabella di marcia del prodotto è volta al futuro degli smartphone e dei tablet multimediali.
Dai telefoni entry-level, agli smartphone di fascia alta e fino ai tablet, Micron fornisce quasi tutti i prodotti dotati di memoria volatile e non volatile utilizzati nei dispositivi wireless di oggi, tra cui NOR, NAND, PCM, LPDRAM ed e le memorie embedded * MMC (TM), rispondendo all’esigenza di migliorare le prestazioni, ai requisiti di espandere la memorizzazione dati, alla sostituzione della tecnologia matura e alla capacità del package.
Informazioni di carattere generale sulla Micron Technology, Inc.
Micron Technology Inc. è uno dei maggior fornitori al mondo di soluzioni avanzate per semiconduttori. Attraverso i suoi impianti di produzione a livello mondiale la Micron produce e commercializza una gamma completa di memorie DRAM, memorie flash NAND e NOR, così come altre tecnologie di memoria innovative, moduli di memoria e sistemi a semiconduttori per l’uso in prodotti d’avanguardia, prodotti al consumo, per il networking, per la telefonia mobile e sistemi integrati. Le azioni ordinarie della Micron sono quotate al NASDAQ con il simbolo MU. Per ulteriori informazioni su Micron Technology Inc., visitare il sitowww.micron.com

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Micron and Elpida Announce Expiration of Hart-Scott Rodino Waiting Period

Posted by fidest press agency su venerdì, 14 settembre 2012

Boise, Idaho, and TOKYO, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU) (“Micron”) and Elpida Memory, Inc. (“Elpida”) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), has expired in connection with Micron’s previously announced acquisition of Elpida. Expiration of the waiting period under the HSR Act satisfies one of the conditions necessary for consummation of the transaction.The closing of the transaction remains subject to other conditions—including approval by Elpida creditors, the Tokyo District Court and regulatory approvals in other countries—and is expected to be completed in the first half of calendar 2013. Elpida’s reorganization plan was submitted to the Tokyo District Court in mid-August, 2012.
Elpida Memory, Inc. is a leading manufacturer of Dynamic Random Access Memory (DRAM) integrated circuits. The company’s design, manufacturing and sales operations are backed by world class technological expertise. Its 300mm manufacturing facilities, consisting of its Hiroshima Plant and a Taiwan-based joint venture, Rexchip Electronics, utilize the most advanced manufacturing technologies available. Elpida’s portfolio features such characteristics as high-density, high-speed, low power and small packaging profiles. The company provides DRAM solutions across a wide range of applications, including personal computers, servers, mobile devices and digital consumer electronics. More information can be found at http://www.elpida.com.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com. The Micron Technology, Inc. logo is available at http://www. globenewswire.com/newsroom/prs/?pkgid=6950

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Micron Technology conferma le trattative con i fiduciari di Elpida Memory

Posted by fidest press agency su lunedì, 14 Mag 2012

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), ha oggi confermato di essersi impegnata in trattative con i fiduciari di Elpida Memory, Inc. per acquisire le attività di Elpida.Micron ha fatto l’annuncio subito dopo l’approvazione del 10 maggio della Corte Distrettuale di Tokyo, consentendo ai fiduciari di Elpida di negoziare un accordo con la Micron, in base al quale la stessa Micron si impegna ad essere lo sponsor di Elpida ed acquisire l’intera azienda di Elpida in conformità con le procedure di riorganizzazione aziendale. Elpida, un produttore di semiconduttori di memoria DRAM, ha presentato una petizione per l’avvio di una procedura di riorganizzazione aziendale con la Corte distrettuale di Tokyo ai sensi della legge Giapponese di riorganizzazione societaria del 27 febbraio 2012, con il quale sono state avviate tutte le azioni per il procedimento.
Elpida ha recentemente intrapreso una procedura di gara per selezionare una società disposta a “sponsorizzare” Elpida durante i lavori di ristrutturazione aziendale e di acquisire le attività dell’azienda. In questo processo, Elpida ha deciso di andare avanti nei negoziati con Micron come potenziale sponsor.
Micron Technology Inc. è uno dei maggior fornitori al mondo di soluzioni avanzate per semiconduttori. Attraverso i suoi impianti di produzione a livello mondiale la Micron produce e commercializza una gamma completa di SSD, memorie DRAM, memorie flash NAND e NOR, così come altre tecnologie di memoria innovative, moduli di memoria e sistemi a semiconduttori per l’uso in prodotti d’avanguardia, prodotti al consumo, per il networking, per la telefonia mobile e sistemi integrati. Le azioni ordinarie della Micron sono quotate al NASDAQ con il simbolo MU. Per ulteriori informazioni su Micron Technology Inc., visitare il sito http://www.micron.com

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Micron Announces Its First Fully Functional DDR4 DRAM Module

Posted by fidest press agency su sabato, 12 Mag 2012

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU), one of the world’s leading providers of advanced semiconductor solutions, today announced development of its first fully functional DDR4 DRAM module. The company has begun sampling and has received feedback from major customers to support quick implementation for applications in 2013. It is expected that the enterprise and micro-server markets will take full advantage of the new features and specifications designed into DDR4, accelerating early adoption of the technology. In addition, the fast-growing ultrathin client and tablet markets will also benefit from new opportunities enabled by the power savings and performance features of Micron’s DDR4. Codeveloped by Nanya and based on Micron’s 30-nanometer (nm) technology, the 4-gigabit (Gb) DDR4 x8 part is the first piece of what is expected to be the industry’s most complete portfolio of DDR4-based modules, which will include RDIMMs, LRDIMMs, 3DS, SODIMMs and UDIMMs (standard and ECC). For the soldered down space, x8, x16, and x32 components will also be available, with initial speeds up to 2400 megatransfers per second (MT/s), increasing to the JEDEC-defined 3200 MT/s.
As JEDEC finalizes the DDR4 specifications, Micron is positioned to quickly become fully compliant with its 30nm 4Gb DDR4 part. Full sampling to key partners began earlier this year and volume production is planned for 4Q12.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of SSDs, DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com.

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Micron Technology Confirms Discussions With Elpida Memory Trustees

Posted by fidest press agency su venerdì, 11 Mag 2012

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU), today confirmed it is engaged in discussions with Elpida Memory, Inc.’s trustees to acquire Elpida’s business.Micron made the announcement following a May 10 approval by the Tokyo District Court allowing Elpida’s trustees to negotiate an agreement with Micron, pursuant to which Micron would become Elpida’s sponsor and acquire Elpida’s entire business in accordance with the corporate reorganization proceedings. Elpida, a semiconductor DRAM memory manufacturer, filed a petition for commencement of Corporate Reorganization Proceedings with the Tokyo District Court under the Corporate Reorganization Act of Japan on Feb. 27, 2012, which proceedings have been commenced. Elpida recently undertook a bidding process to select a company to “sponsor” Elpida during its Corporate Reorganization proceedings and to acquire the company’s business. In that process, Elpida has decided to move forward in negotiations with Micron as the potential sponsor.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com.The Micron Technology, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6950 Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.

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Micron Technology Confirms Discussions With Elpida Memory Trustees

Posted by fidest press agency su venerdì, 11 Mag 2012

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU), today confirmed it is engaged in discussions with Elpida Memory, Inc.’s trustees to acquire Elpida’s business.Micron made the announcement following a May 10 approval by the Tokyo District Court allowing Elpida’s trustees to negotiate an agreement with Micron, pursuant to which Micron would become Elpida’s sponsor and acquire Elpida’s entire business in accordance with the corporate reorganization proceedings. Elpida, a semiconductor DRAM memory manufacturer, filed a petition for commencement of Corporate Reorganization Proceedings with the Tokyo District Court under the Corporate Reorganization Act of Japan on Feb. 27, 2012, which proceedings have been commenced.Elpida recently undertook a bidding process to select a company to “sponsor” Elpida during its Corporate Reorganization proceedings and to acquire the company’s business. In that process, Elpida has decided to move forward in negotiations with Micron as the potential sponsor.
Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit http://www.micron.com. The Micron Technology, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6950

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Micron to Present NAND Outlook at 2012 Bank of America Merrill Lynch Technology Conference

Posted by fidest press agency su mercoledì, 9 Mag 2012

San Francisco, Wednesday, May 9, 2:45 p.m. PT/5:45 p.m. ET (GLOBE NEWSWIRE) The Ritz-Carlton Hotel Micron Technology, Inc. (Nasdaq:MU), one of the world’s leading providers of advanced semiconductor solutions, today announced that Glen Hawk, vice president of their NAND Solutions Group, will address financial analysts attending the Bank of America Merrill Lynch 2012 Global Technology Conference on Wednesday, May 9 at 2:45 p.m. PT/5:45 p.m. ET. Mr. Hawk will address the global NAND market outlook, trends driving new storage consumption, and Micron’s silicon-to-systems strategy.
Audio from the session will webcast live from Micron’s Investor Relations website at investors.micron.com. The webcast will also be archived on the site and available for replay.

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Micron annuncia i prezzi dell’offerta delle obbligazioni convertibili senior

Posted by fidest press agency su lunedì, 16 aprile 2012

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) ha annunciato oggi il prezzo dell’offerta di 480 milioni dollari di valore nominale complessivo delle sue obbligazioni convertibili al 2.375% con scadenza 2032 (“Obbligazioni 2032C “) e dell’offerta di 390 milioni di dollari di valore nominale complessivo delle obbligazioni convertibili al 3,125% con scadenza 2032 (“Obbligazioni 2032D” e, insieme alle obbligazioni 2032C, le “Obbligazioni”). Le Obbligazioni sono offerte negli Stati Uniti ad acquirenti istituzionali qualificati ai sensi dell’articolo 144A del Securities Act del 1933 e sue successive modifiche (“Securities Act”). Micron ha concesso agli acquirenti iniziali un’opzione di acquisto fino ad un importo supplementare di 70,0 milioni dollari di capitale totale delle Obbligazioni 2032C e fino ad un importo supplementare di 60 milioni di dollari di valore nominale complessivo delle Obbligazioni 2032D negli stessi termini e condizioni necessarie per coprire l’over-allotment, se presente. Gli interessi sulle Obbligazioni 2032C saranno pagati semestralmente ad un tasso annuale del 2,375% e scadranno il 1° maggio 2032, a meno che non siano state precedentemente riacquistate, rimborsate o convertite. Gli interessi sulle Obbligazioni 2032D saranno pagati semestralmente ad un tasso annuale del 3,125% e scadranno il 1° maggio 2032, a meno che non siano state precedentemente riacquistate, rimborsate o convertite. I titolari possono richiedere a Micron di riacquistare in contanti le Obbligazioni 2032C il 1° maggio 2019 e di riacquistare in contanti le Obbligazioni 2032D il 1° maggio 2021, ed in ogni caso ad un prezzo di acquisto pari all’importo del capitale più gli interessi maturati e non pagati, ma escludendo la data di riacquisto. Inoltre, i titolari possono richiedere a Micron di riacquistare le loro obbligazioni in caso di cambiamento di controllo o di cessazione delle contrattazioni, ad un prezzo di acquisto pari all’importo del capitale più gli interessi maturati e non pagati, ma escludendo la data di riacquisto. L’offerta dovrebbe chiudersi il 18 aprile 2012, subordinatamente alle normali condizioni di chiusura. I titoli non saranno registrati ai sensi del Securities Act, o di qualsiasi legge statale sui titoli, e a meno ché non saranno registrate, non possono essere offerti o venduti negli Stati Uniti ad eccezione nei casi di regime di esenzione dagli obblighi di registrazione a sensi del Securities Act e delle leggi statali applicabili.

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The offering is expected to close on April 18, 2012, subject to customary closing conditions

Posted by fidest press agency su sabato, 14 aprile 2012

In connection with the offering of the Notes, Micron entered into capped call transactions relating to shares of Micron common stock with a number of counterparties. The capped call transactions are expected to reduce the potential dilution upon conversion of the Notes. The capped call transactions relating to the 2032C Notes have a lower strike price of $9.80 and capped prices ranging from $14.26 to $15.69, which are 100% to 120% higher than the closing price of Micron’s common stock on April 12, 2012. The capped call transactions relating to the 2032D Notes have a lower strike price of $10.16 and capped prices ranging from $14.62 to $16.04, which are 105% to 125% higher than the closing price of Micron’s common stock on April 12, 2012. In connection with establishing their initial hedge of these capped call transactions, Micron expects that the counterparties will enter into various over-the-counter derivative transactions with respect to Micron’s common stock concurrently with, or shortly after, the pricing of the Notes and may unwind or enter into various over-the-counter derivatives and/or purchase Micron’s common stock in secondary market transactions after the pricing of the Notes. These activities could have the effect of increasing or preventing a decline in the price of Micron’s common stock concurrently with or following the pricing of the Notes. In addition, the counterparties may modify or unwind their hedge positions by entering into or unwinding various derivative transactions and/or purchasing or selling Micron’s common stock in secondary market transactions prior to maturity of the Notes (and are likely to do so on each exercise date of the capped call transactions.This announcement is neither an offer to sell nor a solicitation to buy any of the foregoing securities, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.The securities will not be registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state laws.

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Micron Announces Pricing of Convertible Senior Notes Offerings

Posted by fidest press agency su sabato, 14 aprile 2012

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU) today announced the pricing of an offering of $480.0 million aggregate principal amount of its 2.375% convertible senior notes due 2032 (the “2032C Notes”) and $390.0 million aggregate principal amount of its 3.125% convertible senior notes due 2032 (the “2032D Notes” and, together with the 2032C Notes, the “Notes”). The Notes are being offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Micron has granted the initial purchasers an option to purchase up to an additional $70.0 million aggregate principal amount of 2032C Notes and up to an additional $60.0 million aggregate principal amount of 2032D Notes on the same terms and conditions to cover over-allotments, if any. Interest on the 2032C Notes will be paid semi-annually at a rate of 2.375% per year and will mature on May 1, 2032, unless earlier repurchased, redeemed or converted. Interest on the 2032D Notes will be paid semi-annually at a rate of 3.125% per year and will mature on May 1, 2032, unless earlier repurchased, redeemed or converted.
Holders may require Micron to repurchase the 2032C Notes for cash on May 1, 2019 and the 2032D Notes for cash on May 1, 2021, in each case at a purchase price equal to the principal amount thereof plus accrued and unpaid interest to, but excluding the repurchase date. In addition, holders may require Micron to repurchase their Notes upon a change of control or a termination of trading at a purchase price equal to the principal amount thereof plus accrued and unpaid interest to, but excluding the repurchase date.
Each series of Notes will be convertible, subject to the satisfaction of certain conditions, into cash or shares of Micron common stock or a combination thereof, at Micron’s election. The initial conversion rate per $1,000 principal amount of 2032C Notes is equivalent to 103.8907 shares of common stock, which is equivalent to a conversion price of approximately $9.63 per share of common stock, subject to adjustment in certain circumstances. This initial conversion price represents a premium of 35% relative to the last reported sale price on April 12, 2012 of Micron’s common stock of $7.13. The initial conversion rate per $1,000 principal amount of 2032D Notes is equivalent to 100.1803 shares of common stock, which is equivalent to a conversion price of approximately $9.98 per share of common stock, subject to adjustment in certain circumstances. This initial conversion price represents a premium of 40% relative to the last reported sale price on April 12, 2012 of Micron’s common stock of $7.13.
On or after May 1, 2016, in the case of the 2032C Notes, and on or after May 1, 2017, in the case of the 2032D Notes, Micron may redeem for cash all or part of the Notes if the volume weighted average price of its common stock has been at least 130% of the conversion price then in effect for such series of Notes for at least 20 trading days during any 30 consecutive trading day period ending within five trading days prior to the date on which Micron provides notice of redemption. The redemption price will equal the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. If Micron redeems the Notes prior to May 4, 2019, in the case of the 2032C Notes, or prior to May 4, 2021, in the case of the 2032D Notes, it will make a “make-whole premium” payment in cash equal to the present value of all remaining scheduled payments of interest that would have been made on the Notes to be redeemed had such Notes remained outstanding from the redemption date to May 4, 2019, in the case of the 2032C Notes, or to May 4, 2021, in the case of the 2032D Notes. Holders who convert Notes in connection with such redemption will also be entitled to such make-whole premium payment. On or after May 4, 2019, in the case of the 2032C Notes, and on or after May 4, 2021, in the case of the 2032D Notes, Micron may redeem for cash all or part of the Notes at a redemption price equal to the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon.

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Micron lancia un’offerta di 870 milioni dollari di obbligazioni senior convertibili

Posted by fidest press agency su venerdì, 13 aprile 2012

Boise downtown at night

Boise downtown at night (Photo credit: Wikipedia)

Boise, Idaho, (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) ha annunciato oggi che intende offrire, subordinatamente a considerazioni di mercato e di altro tipo, 435 milioni di dollari di valore nominale complessivo di obbligazioni senior convertibili con scadenza nel 2032 (“Obbligazioni 2032A”) e 435 milioni di dollari di capitale totale di obbligazioni senior convertibili con scadenza nel 2032 (“Obbligazioni 2032B” e, insieme alle obbligazioni 2032A, le “Obbligazioni”) attraverso un’offerta negli Stati Uniti ad acquirenti istituzionali qualificati ai sensi l’articolo 144A del Securities Act del 1933 e successive modifiche (“Securities Act”).In relazione a questa offerta, Micron intende concedere agli acquirenti iniziali un’opzione di “over-allotment” di un ulteriore valore nominale complessivo di 65 milioni di dollari per le Obbligazioni 2032A ed un ulteriore valore nominale complessivo di 65 milioni di dollari per le Obbligazioni 2032B.I termini delle Obbligazioni richiederanno a Micron il riacquisto delle Obbligazioni in contanti a discrezione dei titolari ed in date da stabilire, in ogni caso ad un prezzo di acquisto pari all’importo del capitale più gli interessi maturati e non pagati, ma escludendo la data di riacquisto. Inoltre, le condizioni delle Obbligazioni consentiranno ai titolari di richiedere a Micron il riacquisto delle loro obbligazioni in caso di cambiamento di controllo o di cessazione dell’attività, ad un prezzo di acquisto pari all’importo del capitale più gli interessi maturati e non pagati, ma escludendo la data di riacquisto .Le Obbligazioni saranno convertibili, a determinate condizioni, in contanti o azioni ordinarie di Micron o in una loro combinazione a discrezione di Micron. Il tasso d’interesse, il prezzo di conversione iniziale, le disposizioni di rimborso e le altre condizioni delle Obbligazioni verranno determinate dalle negoziazioni tra Micron e gli acquirenti iniziali.Relativamente all’offerta delle Obbligazioni, Micron prevede di concludere operazioni di “capped call” con una o più controparti, che possono includere alcuni degli acquirenti iniziali e/o loro affiliati. Le operazioni di “capped call” hanno lo scopo di ridurre la potenziale diluizione durante la conversione delle Obbligazioni.
Micron prevede di utilizzare una parte dei proventi netti dell’offerta per coprire il costo delle operazioni di “capped call” che Micron intende fare contemporaneamente con l’offerta delle Obbligazioni. Micron prevede di utilizzare il saldo dei proventi netti per scopi aziendali generali, che possono includere spese in conto capitale, capitale d’esercizio, acquisizioni strategiche, joint venture e altri investimenti e rimborso di altri debiti. I titoli non saranno registrati ai sensi del Securities Act, o di qualsiasi legge statale sui titoli, e a meno ché non saranno registrate, non possono essere offerti o venduti negli Stati Uniti ad eccezione nei casi di regime di esenzione dagli obblighi di registrazione a sensi del Securities Act e delle leggi statali applicabili.

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