Bankruptcy of Elpida returned as profitability to Micron company

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POSTER: computer news   ||   BANKRUPTCY OF ELPIDA RETURNED AS PROFITABILITY TO MICRON COMPANY	DATE:2014-01-09
American manufacturer of computer memory -  Micron Technology company - until mid-2013 for several consecutive quarters suffered losses .  In July last year completed takeover of the Japanese manufacturer Micron memory - of Elpida - This enabled the company Micron in the last quarter to record   entire net income of the proceeds from the sales of these companies.  As a result, in the third fiscal quarter of 2013 the company Micron already showed $ 1.7 billion of net income.  The next day Micron shares fell by 10% or so, but then still continued to grow. Yesterday, Micron announced the results of the next fiscal quarter.  At this time, there were no surprises, although at the expense of new capacity provided itself with Micron and holders of securities of stable profit.  It is reported that the company's quarterly revenue reached $ 4.04 billion and net earnings were $ 358 million Now the figures correspond to the real situation.More precise, it is a work in calendar year 2013 from September through November, the calendar that corresponds Micron first quarter of fiscal 2014.  During this period, a quarterly revenue growth was 42%, and the annual - 120%.   Revenue from sales of DRAM chips for the quarter increased by 69% due to higher sales volumes (thanks again to Elpida).  Revenue from sales of NAND-flash sequentially grew by 8%.  Note the price of flash memory is reduced, so that the company had to get a decent revenue increase from sales of NAND-chip by 11%.  Another advantage of  Elpida absorption was that gross profit Micron rose from 25% to 32%.  Japanese chips were cheaper than American.  This whole deal  initially caused a lot of questions.   Related Products :

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