NAND Memory Continues High Demand
Micron plans to close Shanghai DRAM operations and focus more on NAND memory market.
Micron Memory, a USB semiconductor company based out of Boise ID, is reportedly planning to close their Shanghai operations which uses technology resources to develop DRAM technology. I source not willing to comment indicates a lack of talent or “loss of technical know-how” is a primary reason for the closure.
Micron expects the Shanghai Design Center to be operational until December of 2022 at which time the facility will be close and employees will be redistributed to either a US or India Micron location. The Shanghai location employees nearly 150 engineers and technicians.
Although reluctant news for the DRAM market segment, this does point to increased demand and interest for NAND memory. The NAND memory market continues to grow as storage demands increase and storage capacities increase. A primary NAND memory market is the USB flash drive market with the highest volume of commodity products, a number which capsulates the mobile phone market.
Micron was founded in Boise, Idaho, in 1978 as a semiconductor design firm. In 1981, the company moved from consulting to manufacturing with the completion of its first wafer fabrication unit (“Fab 1”), producing 64K DRAM chips. Micron went public in 1984 under the ticker symbol MU.
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