Crucial 2012 Annual Report Download - page 2

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PART I
ITEM 1. BUSINESS
The following discussion contains trend information and other forward-looking statements that involve a number of risks
and uncertainties. Forward-looking statements include, but are not limited to, statements such as those made in "Products"
regarding growth in demand for NAND Flash products and solid-state drives and regarding volume production of DDR4 in
2013; and in "Manufacturing" regarding the transition to smaller line-width process technologies. Our actual results could
differ materially from our historical results and those discussed in the forward-looking statements. Factors that could cause
actual results to differ materially include, but are not limited to, those identified in "Item 1A. Risk Factors." All period
references are to our fiscal periods unless otherwise indicated.
Corporate Information
Micron Technology, Inc., a Delaware corporation, was incorporated in 1978. As used herein, "we," "our," "us" and similar
terms include Micron Technology, Inc. and its subsidiaries, unless the context indicates otherwise. Our executive offices are
located at 8000 South Federal Way, Boise, Idaho 83716-9632 and our telephone number is [phone]. Information about
us is available on the internet at www.micron.com. Copies of our Annual Report on Form 10-K, Quarterly Reports on Form
10-Q and Current Reports on Form 8-K, as well as any amendments to these reports, are available through our website as soon
as reasonably practicable after they are electronically filed with or furnished to the Securities and Exchange Commission (the
"SEC"). Materials filed by us with the SEC are also available at the SEC’s Public Reference Room at 100 F Street, NE,
Washington, D.C. 20549. Information on the operation of the Public Reference Room is available by calling (800)
SEC-0330. Also available on our website are our: Corporate Governance Guidelines, Governance Committee Charter,
Compensation Committee Charter, Audit Committee Charter and Code of Business Conduct and Ethics. Any amendments or
waivers of our Code of Business Conduct and Ethics will also be posted on our website at www.micron.com within four
business days of the amendment or waiver. Copies of these documents are available to shareholders upon request. Information
contained or referenced on our website is not incorporated by reference and does not form a part of this Annual Report on Form
10-K.
Overview
We are a global manufacturer and marketer of semiconductor devices, principally NAND Flash, DRAM and NOR Flash
memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-
edge computing, consumer, networking, automotive, industrial, embedded and mobile products. In addition, we manufacture
semiconductor components for CMOS image sensors and other semiconductor products. We market our products through our
internal sales force, independent sales representatives and distributors primarily to original equipment manufacturers ("OEMs")
and retailers located around the world. Our success is largely dependent on the market acceptance of our diversified portfolio of
semiconductor products, efficient utilization of our manufacturing infrastructure, successful ongoing development of advanced
process technologies and the return on research and development ("R&D") investments.
We obtain products from three primary sources: (1) production from our wholly-owned manufacturing facilities, (2)
production from our joint venture manufacturing facilities, and (3) to a lesser degree, from third party manufacturers. In recent
years, we have increased our manufacturing scale and product diversity through strategic acquisitions and various partnering
arrangements, including joint ventures, which have helped us to attain lower costs than we could otherwise achieve through
internal investments alone.