Taipei (June. 8, 2017) – Sanjay Mehrotra, the newly appointed president and CEO of Micron Technology, Inc. (NASDAQ:MU) commenced an overseas tour of Micron's manufacturing sites after the first month in his new role, with Taiwan being the first stop. At a meeting with President Tsai Ing-wen in Taipei today, Mehrotra emphasized the strategic value of Taiwan within Micron's global footprint, as well as the company's commitment to long-term investment in the country.
"Memory is fast becoming the strategic differentiator for powering next-generation computing models, and our operations in Taiwan are critical to supporting the industry in this evolution. Through the sustained partnership we have established with Taiwan, we are continuing to invest in deploying advanced technology in our front-end fabrication facilities, as well as creating a new back end fab in Taichung this year. With the government's continued support, Micron is set to further enhance our strong presence on the island through the establishment of our integrated Center of Excellence for DRAM in Taiwan," Mehrotra stated.
Mehrotra noted that the Center of Excellence for DRAM will bring the company's fabrication and back-end facilities together in one location. The new integrated Center of Excellence is expected to increase operational cost efficiency and bring benefit to Micron's DRAM business on a global scale. Micron has been devoted to utilizing data to improve yield, cycle time, quality, and other key metrics through integrating and analyzing data collected from manufacturing sites across the globe. These data science methods will be further optimized and implemented in Micron's Taiwan operations to establish a broader center of excellence in the global memory industry.
And as the largest foreign investor and employer in Taiwan, Micron is committed to the cultivation of talent. Micron aims to become the island's employer of choice by providing world-class opportunities for new and existing professionals through exposure to technological innovation, ability to experience an integrated manufacturing environment, and career development opportunities worldwide. With the aid of Micron Foundation, the company also works closely with local universities to cultivate young talent.
"All of the initiatives taken by Micron to cultivate, recruit, and retain team-members are in direct response to President Tsai's appeal for talent development made during the completion of the Inotera acquisition last year. Micron is committed to supporting technology education and fostering technical skills development in Taiwan," Mehrotra added.
Micron Technology is a world leader in innovative memory solutions. Through our global brands — Micron, Crucial®, Lexar® and Ballistix® — our broad portfolio of high-performance memory technologies, including DRAM, NAND, NOR Flash and 3D XPoint™ memory, is transforming how the world uses information. Backed by more than 35 years of technology leadership, Micron's memory solutions enable the world's most innovative computing, consumer, enterprise storage, data center, mobile, embedded and automotive applications. Micron's common stock is traded on the Nasdaq under the MU symbol. To learn more about Micron Technology, Inc., visit micron.com.
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