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Micron Technology was founded in October 1978 in Boise, Idaho.Micron is one of Idaho’s largest employers with more than 5,000 employees. The company went through a series of layoffs since 2005, when it had nearly 10,000 employees in Idaho.According to the company’s website, Micron has about 20,000 employees worldwide including locations in; California, Virginia, Canada, Puerto Rico, Italy, Scotland, Israel, Paris, Germany, Japan, Singapore, South Korea, China, India and Malaysia.Micron manufactures and markets DRAM, NAND and NOR Flash memory products, computer chips, which are used in everything from computing, networking, and server applications, to mobile, embedded, consumer, automotive, and industrial designs.According to its website, Micron Micron Technology, Inc., became a publicly held company in June 1984. In November 1990, Micron was listed on the New York Stock Exchange (NYSE), where it began trading under the “MU” symbol. Effective December 30, 2009 Micron voluntarily transferred its stock exchange listing from The New York Stock Exchange to the NASDAQ Global Select Market, a market of The NASDAQ OMX Group, (NASDAQ: NDAQ) and continues to trade under the ticker symbol MU.

Trump Highlights Boise’s Micron In Denouncing China’s Trade Tactics

Micron Headquarters Building (2)
Dan Greenwood
/
Boise State Public Radio

President Donald Trump mentioned Boise-based Micron during his speech before the United Nations on Tuesday, using the high-tech company to denounce China’s trade tactics.

 

Micron is currently suing companies in China and Taiwan for intellectual property theft. Trump said that intel is worth $8.7 billion.

“I believe that [value] sounds reasonable,” said Jack Marr, who researches and teaches international business at Boise State University, “because there is an immense amount of research and development that goes into producing these technologies.”

The Trump administration hopes its trade war will force China to stop stealing this kind of data and open up its market to more U.S. tech companies. But Marr says some of the tactics are hurting American tech companies due to the symbiotic relationship the industry has with Chinese producers.

Find reporter Madelyn Beck on Twitter @MadelynBeck8

Copyright 2019 Boise State Public Radio

This story was produced by the Mountain West News Bureau, a collaboration between Wyoming Public Media, Boise State Public Radio in Idaho, KUER in Salt Lake City, KUNR in Nevada and KRCC and KUNC in Colorado.

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