Micron has emerged as the fifth largest chip manufacturer in the world, according to MIC (Market Intelligence & Consulting Institute), Taipei-based ICT research institute. In 2014, Micron earned US$16.4 billion and climbed all the way from tenth to fifth place, only next to Intel, Samsung, TSMC and Qualcomm.

Global Top-10 Chip Manufacturer Revenue Ranking in 2014

Source: Respective companies, compiled by MIC, May 2015

"Micron has been highly engaged in M&A activities and strategic alliances over the past years. Those two approaches, though not new, have been able to help Micron obtain the most outcomes such as increased sales and profitability," says Hui-Chung Tu, industry analyst with MIC.

Micron's ability to spot good investment timing is another factor determining its success. Among all, perhaps the most noteworthy deployment of Micron is its deployment in DRAM. Micron has witnessed a strong uptake in DRAM and NAND flash businesses with its annual revenue breaking US$14 billion. This has helped Micron land in top-five semiconductor vendors, next to Intel, Samsung, TSMC and Qualcomm. While the growth momentum continued well into 2014, Micron is expected to continue to cling to the fifth spot in 2015, as the global economy is showing promising signs.

To see more about this report, please visit: Micron's Development and Product Strategies in DRAM and Flash Industries

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About MIC

Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry. https://mic.iii.org.tw/english