Steve Appleton Quotations

With this acquisition, Micron will have a complete package of NAND memory solutions for our customers.

Since quarter end, market conditions for our primary products have continued to weaken resulting in significant declines in average selling prices and higher inventory levels,

For quite a while I think we had the wind in our face. Where the company is positioned today, we have the wind at our back.

Micron's products, customers and the solutions we enable have evolved to a point where changing parts of our organization will continue to increase our presence and competitiveness in the global marketplace.

Micron is the world's leading supplier of advanced image sensor solutions in applications ranging from mobile camera phones and PC cameras to healthcare, security and automotive markets.

We have the technology, ... We wake up and we're in a great spot.

We believe that an investment in The Leonardo will inspire innovation in youth and help to bring about a new generation of innovators.

Both companies are evaluating a broad array of strategic options.

DRAM (dynamic random access memory) prices have come back a little bit. Although they are not that strong, we expect them to be stable or improve for the rest of the year,

This acquisition allows us to move the final stages of image sensor silicon processing and other critical manufacturing steps from our Boise manufacturing operations to this new facility, which at the same time will free up space in our existing facilities and allow us to continue to meet expanding demand for our products.

Although we cannot determine if recent memory price increases will be sustained, current market conditions are encouraging.

The global economy is facing stiff challenges from which our industry is certainly not exempt, ... However, Micron is poised with one of the strongest balance sheets in the industry, an excellent complement of people resources, an industry leading process technology and a resolve to emerge from these troubled times as the strongest semiconductor memory manufacturer in the world.