In 1978, Micron Technology was established in Boise, Idaho. The company started as a semiconductor design consulting company, but later received funds from a billionaire from Idaho, J. R. Simplot. In 1981, Micron switched from consulting to manufacturing, completing its first wafer fabrication unit and producing 64K DRAM chips. Since then, it has grown to be a multinational semiconductor manufacturer, with offices in more than 30 countries.
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In 1988, the company filed a $250 million antitrust lawsuit against six Japanese electronics companies. In 1993, it acquired the memory division of Texas Instruments. This move helped the company recover from its problems and grow its sales. During this time, the U.S. semiconductor industry had seen a large decline in memory chip prices, but the firm’s management believed that prices would rebound, and so continued to grow.Visit This Site: bloghub247
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In the late 1980s, Micron began entering the personal computer market. The company formed a new subsidiary, Edge Technology, Inc., to produce personal computers at a reasonable price.
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Eventually, the firm changed its name to Edge Technology and sold the business to other companies. This move helped the company grow into a $20 billion industry, which led to an increase in sales. By 1989, the company had reached its sales goal of $446.4 million.
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