Flash Sales - Flash Sales News 2009. Even though Micron and its partner Intel Corp. yet have to confirm details of their next-generation process technologies and flash architecture, there are high chances that the 2xnm chips from IM Flash (a joint-venture between Intel and Micron) will feature 3-bit-per-cell (3bpc) technology, which the companies demonstrated using 34nm fabrication process earlier this year. Production technology shrink along with higher number of bits per cell will rather dramatically increase NAND flash bit growth and decrease cost per bit. Still, at this point no peculiarities are available.
For the first quarter of fiscal 2010 (which ended December 3, 2009), the company had net income attributable to Micron shareholders of $204 million, or $0.23 per diluted share, on net sales of $1.74 billion. These results compare to a loss of $100 million, or $0.12 per diluted share, on net sales of $1.3 billion for the fourth quarter of fiscal 2009 and a loss of $718 million, or $0.93 per diluted share, on net sales of $1.4 billion for the first quarter of fiscal 2009.
Revenue from sales of DRAM products increased 50% in the first quarter compared to the fourth quarter due to a 25% increase in sales volume and a 21% increase in average selling prices. Revenue from sales of NAND flash products increased 21 percent in the first quarter compared to the fourth quarter due to a 16 percent increase in sales volume and a five percent increase in average selling prices.