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Micron Unveils 16-Nanometer Flash Memory Technology



Micron Unveils 16-Nanometer Flash Memory Technology

World's Smallest and Most Advanced Semiconductor Process Node Will Feed the
Storage Demands of Consumer Applications and Data Centers

Multimedia Elements:

  * Media Kit

Micron 16nm NAND
 Micron's new 16nm NAND-the world's most
 advanced semiconductor process-provides
 16GB of storage on a single die. The
 company says the new storage technology
 will be released on next-generation
 SSDs in 2014.

BOISE, Idaho, July 16, 2013 (GLOBE NEWSWIRE) -- Micron Technology, Inc.,
(Nasdaq:MU) today announced that it is sampling next-generation, 16-nanometer
(nm) process technology, enabling the industry's smallest 128-gigabit (Gb)
multi-level cell (MLC) NAND Flash memory devices. The 16nm node is not only
the leading Flash process, but it is also the most advanced processing node
for any sampling semiconductor device. It solidifies Micron's leadership
position in storage technology development and delivers on the company's
vision to provide the most advanced semiconductor solutions.

A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=19882

Micron's 128Gb MLC NAND Flash memory devices are targeted at applications like
consumer SSDs, removable storage (USB drives and Flash cards), tablets,
ultrathin devices, mobile handsets and data center cloud storage. The new
128Gb NAND Flash memory provides the greatest number of bits per square
millimeter and lowest cost of any MLC device in existence. In fact, the new
technology could create nearly 6TB of storage on a single wafer.

"Micron's dedicated team of engineers has worked tirelessly to introduce the
world's smallest and most advanced Flash manufacturing technology," said Glen
Hawk, vice president of Micron's NAND Solutions Group. "Our customers
continually ask for higher capacities in smaller form factors, and this
next-generation process node allows Micron to lead the market in meeting those
demands."

"Cost reductions will always be fundamental to the NAND industry and so
companies who can continue to lead on the flash process technology will be
poised for success, particularly in vertically integrated solutions,"
according to Gartner.*

Micron is sampling the 16nm, 128Gb MLC NAND with select partners now and plans
to be in full production in 4Q13. Micron is also developing a new line of
solid-state drive (SSD) solutions based on these devices and expects to ship
SSDs with 16nm Flash in 2014.

Images of Micron's 16nm NAND can be downloaded at:
http://www.micron.com/about/news-and-events/media-kits/16nm-nand

Follow us online! Take part in Micron's social conversations, where we're
talking all things storage and memory:

  o Blog: www.micron.com/about/blogs
  o Twitter: www.twitter.com/micronstorage
  o YouTube™: www.youtube.com/microntechnology

*Gartner, Inc., Weekly Memory Pricing Index, Gerald Van Hoy, Joseph Unsworth,
Brady Wang, July 2013

About Micron

Micron Technology, Inc., is one of the world's leading providers of advanced
semiconductor solutions. The company transforms foundational memory
technologies—including DRAM, NAND Flash and NOR Flash—into innovative
solutions such as solid state drives (SSDs) and storage appliances, modules,
multichip packages and other semiconductor systems. Micron's worldwide
operations design, manufacture and market these solutions for use in
leading-edge computing, consumer, enterprise servers and storage, 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.

The Micron Technology, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6950

©2013 Micron Technology, Inc. All rights reserved. Information is subject to
change without notice. Micron and the Micron orbit logo are trademarks of
Micron Technology, Inc. All other trademarks are the property of their
respective owners.

This news release may contain forward-looking statements regarding the
production and availability of 16nm, 128Gb MLC NAND and solid-state drive
(SSD) solutions incorporating this device. Actual events or results may differ
materially from those contained in the forward-looking statements. Please
refer to the documents Micron files on a consolidated basis from time to time
with the Securities and Exchange Commission, specifically Micron's most recent
Form 10-K and Form 10-Q. These documents contain and identify important
factors that could cause the actual results for Micron on a consolidated basis
to differ materially from those contained in our forward-looking statements
(see Certain Factors). Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee future
results, levels of activity, performance or achievements.

The photo is also available via AP PhotoExpress.

CONTACT: PR CONTACT:
         Melinda Jenkins
         Zeno Group for Micron Technology
         650-801-7957
         Melinda.Jenkins@zenogroup.com

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