Slides Deck Introducing Micron
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1 April 5, 2014 | ©2014 Micron Technology, Inc. POWERING CUSTOMER INNOVATION Micron Consumer Products Group A Division of Micron Technology Inc. ALBERTO GÓMEZ Sales Manager IBERIA & GREECE ©2014 Micron Technology, Inc. All rights reserved. Products are warranted only to meet Micron’s production data sheet specifications. Information, products, and/or specifications are subject to change without notice. All information is provided on an “AS IS” basis without warranties of any kind. Dates are estimates only. Drawings are not to scale. Micron and the Micron logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners. 2 April 5, 2014 | ©2014 Micron Technology, Inc. Micron at a Glance Founded: October 1978, Boise, Idaho FY2013 Net Sales: $9.0 billion NASDAQ Symbol: MU Employees: ~30,000 worldwide Products: We offer one of the world’s broadest memory portfolios, including: DRAM components and modules, SSDs, NAND, and NOR, as well as other innovative memory technologies, packaging solutions and semiconductor systems Markets We Serve: Micron's products are designed to meet the diverse needs of computing, networking, server, consumer, mobile, automotive, and industrial applications Patents: ~26,000 3 April 5, 2014 | ©2014 Micron Technology, Inc. Memorable Micron Milestones Micron acquires Micron & Intel Lexar Media introduce High- Speed NAND technology Micron and Intel sample IMFT & IMFS industry’s Restructuring – Micron acquires TI’s first 50nm Micron acquires memory operations NAND Intel’s share in Micron introduces and establishes IMFS, Singapore Micron company world’s smallest global manufacturing Micron and Intel form IMFT joint venture Micron and Nanya form DRAM and extends IMFT founded 256K DRAM base to manufacture NAND Flash memory Joint Venture, Inotera Memories term and scope 1978 1984 1985 1994 1998 2002 2006 2007 2008 2010 2012 2013 Micron becomes a Micron introduces Micron introduces world’s first Micron acquires NOR Inotera JV Restructure – publicly-traded world’s first 1Gb DRAM 1Gb & 2Gb DDR3 products manufacturer Numonyx Micron gains rights to company on Nasdaq 100% of Inotera’s output Micron acquires Toshiba’s Micron and Intel form IMFS Micron acquires commodity DRAM operations at joint venture in Singapore Elpida Memory, Inc Dominion Semiconductor, LLC, to manufacture NAND located in Manassas, Virginia Flash memory 4 April 5, 2014 | ©2014 Micron Technology, Inc. Corporate Headquarters and R&D Facilities – Boise, Idaho 5 April 5, 2014 | ©2014 Micron Technology, Inc. Global Manufacturing Scale 1 2 3 4 5 6 7 Boise, Idaho Manassas, Virginia USA Lehi, Utah USA (IMFT) Nampa, Idaho USA Puerto Rico, USA Agrate, Italy Muar, Malaysia USA FAB6 DRAM, NAND FAB2 NAND FAB9D Imaging MPR Module FAB14 NOR & PCM R&D MMY Package & Test FAB1C DRAM & NAND R&D FAB1A/X R&D 1 6 11 2 4 9 13 3 7 12 10 5 8 8 9 10 11 12 13 Singapore Taiwan (Inotera) Taiwan (Rexchip) Xian, China Hiroshima, Japan Akita, Japan FAB7 DRAM FAB 11 DRAM DRAM MXA Test & Module DRAM Backend FAB10 NAND FAB13 NOR MSB Packaging & Test 6 April 5, 2014 | ©2014 Micron Technology, Inc. Micron FY13 Revenue % by Geography 22% 9% 69% Europe Americas* Asia** Source: Micron Technology, Inc. 2013 Form 10-K * Americas includes United States and Other ** Asia includes China, Asia Pacific, Malaysia, and Taiwan 7 April 5, 2014 | ©2014 Micron Technology, Inc. Revenue Diversification by Memory Technologies Memory 100% Technology 5% 12% 11% 11% 12% 9% NOR 5% 18% 3% Other 5% 80% 5% 23% 30% 35% 39% 40% NAND 44% 60% 36% 40% % of Micron Total Revenues Total Micron of % 65% 60% 54% 50% 48% DRAM 20% 41% 39% 0% FY-07 FY-08 FY-09 FY-10 FY-11 FY-12 FY-13 Source: Micron (Includes DRAM, NAND, and NOR; NOR does not include purchase accounting adjustments) 8 April 5, 2014 | ©2014 Micron Technology, Inc. Diversified Memory Markets Automotive Storage Graphics / Consumer Networks Server Mobile Personal Computing IMM 9 April 5, 2014 | ©2014 Micron Technology, Inc. Expansive Product Offering DRAM Families Bare Die NAND Flash SDRAM Multiple TLC, MLC, SLC DDR Technologies Serial NAND DDR2 Enterprise NAND DDR3 Solid State Drives DDR4 Client SSD RLDRAM® Enterprise SATA Mobile LPDRAM Enterprise SAS PSRAM/ Enterprise PCIe CellularRAM DRAM Modules Managed NAND FBDIMM (Fully Buffered DIMM) MCP RDIMM (Registered DIMM) eMMC™ VLP RDIMM (Very Low Profile RDIMM) ClearNAND Flash VLP UDIMM Embedded USB UDIMM (Unbuffered DIMM) SODIMM SORDIMM Mini-DIMM VLP Mini-DIMM NOR Flash LRDIMM (Load Reduced DIMM) Parallel NOR NVDIMM (Non Volatile DIMM) Serial NOR 10 April 6, 2014 | ©2014 Micron Technology, Inc. Memory Industry: FY 2008 vs. Today FY2008 Memory Revenue (% of Group Total)¹ LTM Memory Revenue (% of Group Total)¹ Samsung³ 31% DRAM Samsung³ 32% Hynix 17% + NAND + NOR Micron² 22% Micron² 12% Developers SK Hynix 19% SanDisk 8% Elpida 8% Toshiba³ 13% Toshiba³ 7% DRAM SanDisk 9% + NAND/NOR Qimonda 6% Developers Nanya 2% Spansion 6% Winbond 1% Nanya 3% Single Spansion 1% Macronix 2% Memory Winbond 2% Developers Macronix 1% 0% 10% 20% 30% 40% 0% 10% 20% 30% 40% Top Five Market Share: 75% Top Five Market Share: 95% Source: Micron Source: Micron Micron data is from FY 2008; Competitor data is from CQ4-07 – CQ3-08. Micron data is FQ2-13 – FQ1-14; Competitor data from CQ1-13 – CQ4-13 except for Toshiba, 1 Group total defined as only those companies listed on this page, although others may also exist. Macronix, and Spansion (CQ4-13 not yet available). Micron data is fiscal, competitor data is calendar. Percentages vary due to rounding. 1. Group total defined as only those companies listed on this page, although others may also exist. 2. Micron Includes NAND sold to Intel from IM Flash. 2. Micron Includes NAND sold to Intel from IM Flash; Elpida revenue prior to merger also included 3. Samsung and Toshiba include total memory revenue as reported. (Dec. 2012 - Jul. 2013). 3. Samsung and Toshiba include total memory revenue as reported. 11 April 5, 2014 | ©2014 Micron Technology, Inc. Micron CPG | our brands Micron® enterprise-class SSDs deliver industry- leading performance and the most complete portfolio of SATA, SAS, and PCIe drives. Lexar® memory cards, card readers, and USB Crucial® SSDs and DRAM deliver reliable flash drives deliver performance that’s trusted performance gains for more than 50,000 desktops, by professional photographers and consumers. laptops, servers, and workstations. 12 Confidential | ©2013 Micron Consumer Products Group, Inc. All Rights Reserved. 4/5/2014 Micron CPG | product portfolio CLIENT SSD PHOTOGRAPHY CARDS 2.5-inch Modular Good Better Best ENTERPRISE SSD MOBILE CARDS GAMING CARDS READERS SATA PCIe DRAM USB FLASH DRIVES Desktop / Laptop Server USB 2.0 USB 3.0 Performance 13 Confidential | ©2013 Micron Consumer Products Group, Inc. All Rights Reserved. 4/5/2014 Micron Enterprise vs Consumer SSD drives April 2014 ALBERTO GÓMEZ Sales Manager IBERIA & GREECE ©2014 Micron Technology, Inc. All rights reserved. Products are warranted only to meet Micron’s production data sheet specifications. Information, products, and/or specifications are subject to change without notice. All information is provided on an “AS IS” basis without warranties of any kind. Dates are estimates only. Drawings are not to scale. Micron and the Micron logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners. 14 February 27, 2014 | ©2014 Micron Technology, Inc. Five Big Technology Trends MACHINE TO NETWORKING MACHINE MOBILE CLOUD BIG DATA 15 April 5, 2014 | ©2014 Micron Technology, Inc. Data Center‘sDillema 40% YoY Random Access User expectation Flat budget 16 April 6, 2014 | ©2014 Micron Technology, Inc. | Micron Confidential SSDs in the Memory Hierarchy CPU 1,000,000,000s DIMM DRAM DRAM SSD PCIe PCIe Solving the SSD I/O Gap SATA/ SAS Operations per Second per Operations HDD TAPE 100s Picosecs Nanosecs Microsecs Millisecs Seconds Latency 17 April 6, 2014 | ©2014 Micron Technology, Inc. | Micron Confidential Personal Storage SSD Unit & Revenue Forecast 180 M $16 B 171 160 M 147 $14 B 140 M 126 $12 B 120 M 107 $10 B 100 M 86 $8 B 80 M 64 $6 B 60 M 42 $4 B 40 M 20 M $2 B 0 M $0 B CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 CY 2017 CY 2018 PC Tablets Notebook PC Desktop PC Channel Industrial Consumer Electronics Revenue Source: Micron Marketing 18 April 6, 2014 | ©2014 Micron Technology, Inc. | Micron Confidential Enterprise SSD by Storage Usage Model 25 M 21 20 M 19 15 M 14 10 10 M 7 5 5 M 0 M CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 CY 2017 Internal Storage Systems External Storage Systems Storage & Server Cache Entry Servers and Blades Workstation Hyperscale Datacenter Source: Micron & IDC 19 April 6, 2014 | ©2014 Micron Technology, Inc. | Micron Confidential SAS and PCIe growing strongly Enterprise SSD Interface GB % Enterprise SSD Interface Revenue % 100% 100% 90% 20% 90% 25% 31% 35% 80% 38% 80% 44% 46% 46% 44% 48% 50% 49% 70% 70% 60% 60% 38% 50% 61% 50% 30% 48% 35% 26% 21% 18% 23% 17% 14% 12% 40% 40% 30% 30% 23% 24% 20% 26% 31% 35% 31% 33% 20% 29% 23% 27% 12% 17% 10% 10% 14% 11% 7% 6% 5% 4% 0% 0% CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 CY 2017 CY 2012 CY 2013 CY 2014 CY 2015 CY 2016 CY 2017 SAS SATA PCIe Other Source: Micron 20 | ©2014 Micron Technology, Inc. | Micron Confidential Introduction to the Micron SSD Portfolio Back to Table of Contents 21 April 6, 2014 | ©2014 Micron Technology, Inc. | Micron Confidential Micron SSD Portfolio PCIe SATA SAS IO ACCELERATORS Performance MISSION CRITICAL STORAGE CLOUD/WEB 2.0 STORAGE PERSONAL STORAGE Endurance 22 April 6, 2014 | ©2014 Micron Technology, Inc.