XI’AN, China, April 19, 2011 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq:MU), today announced the expansion of its operations in Xi’an, China, commemorated at a ceremony attended by government, community and company leaders. The expansion involves the completion of Micron’s second semiconductor Test and Module Assembly building to complement its existing facility in Xi’an.
“China continues to be key to Micron’s growth efforts. This expansion is the result of tremendous work by many at Micron, in the Xi’an High Tech Zone and throughout the government in Midwest China, Shaanxi Province and Xi’an,” said Steve Appleton, Micron Chairman and CEO.
The completion of the new 400,000 square foot building will better accommodate Micron Asia customers that now make up the majority of the company’s annual revenue. The new Test and Module Assembly facility is expected to be operational and fully built-out in the next three to five years, pending market conditions.
Micron first began semiconductor test module assembly operations in Xi’an in 2007 with the completion of an 180,000 square foot facility. This operation has successfully grown to employ more than 1,000 team members with a test capacity that is Micron’s largest in the world.
Micron’s presence in China began in 2001 with an office in Xiamen. In 2004, Micron Semiconductor Shanghai opened along with branch offices in Beijing and Shenzhen to provide corporate, sales and marketing consulting services throughout China. Micron also chose Shanghai as the location of one of the company’s integrated circuit design centers and formed Micron Semiconductor Technology. Micron Semiconductor Technology is a key hub in Micron’s network for providing support to a variety of Asia-based mobile phone and consumer electronic device manufacturers.
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 www.micron.com.
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CONTACT: Daniel Francisco
Micron Technology, Inc.
208-368-5584
dfrancisco@micron.com
Charles Xu
Micron Technology China
+8629 6891 6000
xucharles@micron.com
http://bit.ly/hLw6qN
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