爱达荷州博伊西 2013-06-21(中国商业电讯)－－Micron Technology， Inc.， （纳斯达克[微博]股票代码：MU）今日公布其2013财年第三季度经营业绩，该财务季度截至2013年5月30日。该公司第三季度的净销售额达23亿美元，股东净收益总计4300万美元，摊薄每股收益为0.04美元。与此相比，2013财年第二季度，该公司的净销售额达21亿美元，股东净亏损总计2.86亿美元，摊薄每股收益为-0.28美元；而2012财年第三季度，该公司的净销售额达22亿美元，股东净亏损总计3.2亿美元，摊薄每股收益为-0.32美元。

　　2013财年第三季度该公司的综合毛利率上升为24％，而2013财年第二季度的该指标为18％。DRAM和NAND闪存产品的综合毛利率上升主要是由于平均售价提高导致的。DRAM的综合毛利率上升还受益于制造成本的下降。

　　与第二季度相比，2013财年第三季度DRAM产品的销售收入增长23%，这是由于平均售价提高16% 并且销量增加了6%所致。与第二季度相比，2013财年第三季度 NAND闪存产品的销售收入增长7%，这主要是由于贸易NAND闪存的平均售价提高8%所致。

　　2013财年第三季度运营现金流为6.24亿美元，而该公司在资本开支上的投资为2.35亿美元。第三财政季度截止时，该公司的现金和投资为29亿美元。

　　“随着内存市场在DRAM和NAND基本面上显示出的改善，我们将继续集中力量推进我们的运营效率，” Micron首席执行官Mark Durcan说到。“在与收购Elpida相关的必要批准方面，我们也取得了进展，据乐观估计，也许可在2013年8月29日结束的该财年第四季度中达成交易”。

　　该公司将于山地夏令时（MDT）6月19日星期三下午2:30召开电话会议讨论财务业绩。电话会议、音频和幻灯片将在以下网站中公布： http://investors.micron.com/events.cfm。从即日起至2014年6月25日，可登录本公司网站，观看网上重播。此外，从MDT 时间2013年6月19日星期三下午5:30至MDT时间2013年6月26日星期三下午5:30，可以拨打1-404-537-3406 或1-855-859-2056（会议编号：91862727）收听电话会议的音频录音重播。

　　Micron Technology， Inc.是全球领先的先进半导体解决方案供应商之一。通过它遍布全球的运营，Micron为先进的计算、用户、网络、嵌入式和移动产品生产和销售全套DRAM、NAND和 NOR闪存，以及其他创新的存储器技术、封装方案和半导体系统。Micron的普通股在纳斯达克上市交易，代码是MU。欲了解有关Micron Technology， Inc.的更多信息，请访问www.micron.com。

　　本新闻稿包含有关将来事件的风险和不确定性的前瞻性陈述。例如，我们对Elpida交易达成时间的有关陈述就属于前瞻性陈述。各种因素，包括不符合达成条件的可能性，实际情况或结果可能与那些预期的前瞻性陈述中包括的说明有重大差异。请参考我们最新的10-K和10-Q表的风险因素部分，确定可能导致Micron在综合基础上的实际结果与那些预期的前瞻性陈述产生重大差异的重要因素。尽管我们认为前瞻性陈述中所反映的预期是合理的，但我们不能保证其未来结果、活动程度、性能或成就。

　　请参阅本新闻稿所附财务报表。

　　MICRON TECHNOLOGY， INC.

　　CONSOLIDATED FINANCIAL SUMMARY

　　(in millions except per share amounts)

　　3rd Qtr.

　　2nd Qtr.

　　3rd Qtr.

　　Nine Months Ended

　　May 30，

　　Feb. 28，

　　May 31，

　　May 30，

　　May 31，

　　2013

　　2013

　　2012

　　2013

　　2012

　　Net sales

　　$ 2，318

　　$ 2，078

　　$ 2，172

　　$ 6，230

　　$ 6，271

　　Cost of goods sold

　　1，762

　　1，712

　　1，938

　　5，091

　　5，522

　　Gross margin

　　556

　　366

　　234

　　1，139

　　749

　　Selling， general and administrative

　　127

　　123

　　156

　　369

　　481

　　Research and development

　　226

　　214

　　231

　　664

　　683

　　Restructure and asset impairments (1)

　　55

　　60

　　5

　　94

　　11

　　Other operating (income) expense， net (2)

　　(1)

　　(8)

　　30

　　(17)

　　37

　　Operating income (loss)

　　149

　　(23)

　　(188)

　　29

　　(463)

　　Interest income (expense)， net

　　(52)

　　(53)

　　(53)

　　(159)

　　(119)

　　Other non-operating income (expense)， net (3)

　　(45)

　　(159)

　　(2)

　　(263)

　　24

　　Income tax (provision) benefit (4)

　　1

　　9

　　38

　　(3)

　　31

　　Equity in net losses of equity method investees

　　(10)

　　(58)

　　(115)

　　(120)

　　(262)

　　Net income attributable to noncontrolling interests

　　--

　　(2)

　　--

　　(2)

　　--

　　Net income (loss) attributable to Micron

　　$ 43

　　$ (286)

　　$ (320)

　　$ (518)

　　$ (789)

　　Earnings (loss) per share:

　　Basic

　　$ 0.04

　　$ (0.28)

　　$ (0.32)

　　$ (0.51)

　　$ (0.80)

　　Diluted

　　0.04

　　(0.28)

　　(0.32)

　　(0.51)

　　(0.80)

　　Number of shares used in per share calculations:

　　Basic

　　1，024.0

　　1，016.0

　　987.3

　　1，017.9

　　983.9

　　Diluted

　　1，046.6

　　1，016.0

　　987.3

　　1，017.9

　　983.9

　　CONSOLIDATED FINANCIAL SUMMARY， Continued

　　As of

　　May 30，

　　Feb. 28，

　　Aug. 30，

　　2013

　　2013

　　2012

　　Cash and short-term investments

　　$ 2，552

　　 $ 2，228

　　$ 2，559

　　Receivables

　　1，503

　　1，226

　　1，289

　　Inventories

　　1，732

　　1，721

　　1，812

　　Total current assets

　　5，886

　　5，364

　　5，758

　　Long-term marketable investments

　　347

　　546

　　374

　　Property， plant and equipment， net

　　6，830

　　6，973

　　7，103

　　Total assets

　　14，055

　　13，912

　　14，328

　　Accounts payable and accrued expenses

　　1，590

　　1，498

　　1，641

　　Current portion of long-term debt

　　357

　　350

　　224

　　Total current liabilities

　　2，342

　　2，117

　　2，243

　　Long-term debt (5)(6)

　　3，267

　　3，301

　　3，038

　　Total Micron shareholders' equity

　　7，328

　　7，231

　　7，700

　　Noncontrolling interests in subsidiaries

　　698

　　729

　　717

　　Total equity (5)(6)

　　8，026

　　7，960

　　8，417

　　Nine Months Ended

　　May 30，

　　May 31，

　　2013

　　2012

　　Net cash provided by operating activities

　　$ 1，094

　　$ 1，664

　　Net cash used for investing activities

　　(1，170)

　　(1，980)

　　Net cash provided by financing activities

　　57

　　347

　　Depreciation and amortization

　　1，440

　　1，713

　　Expenditures for property， plant and equipment

　　(964)

　　(1，367)

　　Payments on equipment purchase contracts

　　(162)

　　(132)

　　Net contributions from (distributions to/acquisitions of) noncontrolling interests

　　(22)

　　(702)

　　Noncash equipment acquisitions on contracts payable and capital leases

　　387

　　643

　　(1)Restructure and asset impairments consisted of the following:

　　3rd Qtr.

　　2nd Qtr.

　　3rd Qtr.

　　Nine Months Ended

　　May 30，

　　Feb. 28，

　　May 31，

　　May 30，

　　May 31，

　　2013

　　2013

　　2012

　　2013

　　2012

　　Loss on restructure of consortium agreement

　　$ 26

　　$ --

　　$ --

　　$ 26

　　$ --

　　Loss on impairment of LED assets

　　25

　　1

　　--

　　29

　　--

　　Loss on impairment of MIT assets

　　--

　　62

　　--

　　62

　　--

　　Gain on termination of Transform lease

　　--

　　--

　　--

　　(25)

　　--

　　Other

　　4

　　(3)

　　5

　　2

　　11

　　$ 55

　　$ 60

　　$ 5

　　$ 94

　　$ 11

　　In the third quarter of fiscal 2013， the company restructured a consortium agreement with STMicroelectronics S.r.l. ("ST") whereby certain assets and approximately 500 employees from the company's Agrate， Italy fabrication facility were transferred to ST. The consortium agreement supports the R&D activities of the company and ST and the manufacturing of semi-finished and advanced commercial semiconductor devices. In connection therewith， the company recognized a charge of $26 million in the third quarter of fiscal 2013.

　　In the third quarter of fiscal 2013， the company discontinued the development activities of its Light-emitting Diode ("LED") operations. In connection therewith， the company recognized a charge of $25 million primarily to write down certain production assets used in the development of LED technology.

　　On February 25， 2013， the company entered into an agreement to sell Micron Technology Italia， S.r.l. ("MIT")， a wholly-owned subsidiary， including its 200 millimeter wafer fabrication facility assets in Avezzano， Italy， to LFoundry Marsica S.r.l. ("LFoundry"). The transaction closed on May 3， 2013. In exchange for the shares of MIT， the company received a long-term note from LFoundry. Under the terms of the agreements， the company assigned to LFoundry its supply agreement with Aptina Imaging Corporation ("Aptina") for CMOS image sensors manufactured at the Avezzano facility. The assets and liabilities of MIT were classified as held for sale in the second quarter of fiscal 2013 and were written down to their estimated fair values. As a result， in the second quarter of fiscal 2013， the company recorded an impairment loss of $62 million.

　　(2)Other operating (income) expense consisted of the following:

　　3rd Qtr.

　　2nd Qtr.

　　3rd Qtr.

　　Nine Months Ended

　　May 30，

　　Feb. 28，

　　May 31，

　　May 30，

　　May 31，

　　2013

　　2013

　　2012

　　2013

　　2012

　　(Gain) loss on disposition of property， plant and equipment

　　$ 5

　　$ (10)

　　$ 4

　　$ (10)

　　$ 10

　　Other

　　(6)

　　2

　　26

　　(7)

　　27

　　$ (1)

　　$ (8)

　　$ 30

　　$ (17)

　　$ 37

　　Other operating expense in the third quarter of fiscal 2012 includes $17 million from the termination of a lease with IM Flash Technologies， LLC ("IMFT")， a joint venture of the company， and a charge of $10 million to write off a receivable in connection with resolution of certain prior year tax matters.

　　(3)Other non-operating income (expense) consisted of the following:

　　3rd Qtr.

　　2nd Qtr.

　　3rd Qtr.

　　Nine Months Ended

　　May 30，

　　Feb. 28，

　　May 31，

　　May 30，

　　May 31，

　　2013

　　2013

　　2012

　　2013

　　2012

　　Gain (loss) from changes in currency exchange rates

　　$ (45)

　　$ (127)

　　$ (1)

　　$ (231)

　　$ (14)

　　Loss on extinguishment of debt

　　--

　　(31)

　　--

　　(31)

　　--

　　Gain from disposition of investments

　　(1)

　　--

　　--

　　(1)

　　39

　　Other

　　1

　　(1)

　　(1)

　　--

　　(1)

　　$ (45)

　　$ (159)

　　$ (2)

　　$ (263)

　　$ 24

　　Gain (loss) from changes in currency exchange rates in the third quarter， second quarter and first nine months of fiscal 2013 included currency losses of $47 million， $120 million and $225 million， respectively， from changes in the market value of currency hedges executed in connection with the company's planned acquisition of Elpida Memory， Inc. and Rexchip Electronics Corporation.

　　Loss from extinguishment of debt in the second quarter of fiscal 2013 included $31 million recognized in connection with the partial repurchase of the company's 2014 Notes.

　　In order to improve comparability with the company's industry peers， gains and losses from currency exchange rates have been reclassified from operating to non-operating. As a result， $59 million of losses for the first quarter of fiscal 2013 and $1 million and $14 million of losses for the third quarter and first nine months of fiscal 2012， respectively， were reclassified from the amounts previously reported in other operating (income) expense to other non-operating income (expense).

　　(4)Income taxes for the third quarter of fiscal 2013 included an $8 million tax benefit related to the sale of non-U.S. assets. Income taxes for the second quarter of fiscal 2013 included tax benefits related to two non-U.S. jurisdictions of $10 million for the favorable resolution of certain prior year tax matters， which was previously reserved as an uncertain tax position， and $9 million for a favorable change in tax law applicable to prior years. Income taxes for the third quarter and first nine months of fiscal 2012 included tax benefits of $42 million and $56 million， respectively， related to the favorable resolution of certain prior year tax matters， which were previously reserved as an uncertain tax position. Remaining taxes for the third quarters and first nine months of fiscal 2013 and 2012， respectively， primarily reflect taxes on the company's non-U.S. operations. The company has a valuation allowance for its net deferred tax asset associated with its U.S. operations. The (provision) benefit for taxes on U.S. operations in the third quarters and first nine months of fiscal 2013 and 2012 was substantially offset by changes in the valuation allowance.

　　(5)On February 12， 2013， the company issued $300 million of 1.625% Convertible Senior Notes due February 2033 (the "2033E Notes") and $300 million of 2.125% Convertible Senior Notes due February 2033 (the "2033F Notes" and together with the 2033E Notes， the "2033 Notes"). Issuance costs for the 2033 Notes totaled $16 million. The initial conversion rate for the 2033 Notes is 91.4808 shares of common stock per $1，000 principal amount， equivalent to an initial conversion price of approximately $10.93 per share of common stock. Upon issuance of the 2033 Notes， the company recorded $526 million of debt， $72 million of additional capital and $14 million of deferred debt issuance costs (included in other noncurrent assets). The difference between the debt recorded at inception and the principal amount ($31 million for the 2033E Notes and $43 million for the 2033F Notes) is being accreted to principal as interest expense through February 2018 for the 2033E Notes and February 2020 for the 2033F Notes， the expected life of the notes.

　　Concurrent with the issuance of the 2033 Notes， the company entered into capped call transactions (the "2013 Capped Calls") that have initial strike prices of approximately $10.93 per share， subject to certain adjustments， which was set to equal the initial conversion price of the 2033 Notes. The 2013 Capped Calls have a cap price of $14.51 per share and cover an approximate combined total of 54.9 million shares of common stock. The 2013 Capped Calls are intended to reduce the potential dilution upon conversion of the 2033 Notes. The company paid $48 million to purchase the 2013 Capped Calls. The 2013 Capped Calls are considered capital transactions and the related cost was recorded as a charge to additional capital.

　　During the first quarter of fiscal 2013， the company entered into two credit facilities. The first was a three-year revolving credit facility. Under this credit facility， the company can draw up to $255 million. Amounts drawn would be collateralized by a security interest in certain accounts receivables. As of May 30， 2013， the company had not drawn any amounts under this facility. The second was a term note providing for borrowing of up to $214 million. Amounts drawn are payable in 10 equal semi-annual installments beginning six months after the draw date. As of the end of the third quarter of fiscal 2013， the note had been fully drawn and the outstanding balance was $195 million.

　　(6)In connection with the offering of the 2033 Notes， on February 12， 2013， the company repurchased $464 million of aggregate principal amount of its 1.875% Convertible Senior Notes due June 2014 (the "2014 Notes") for $477 million. The repurchase resulted in the derecognition of $431 million in debt for the principal amount (net of $33 million of debt discount) and $15 million in additional capital. The company recognized a charge of $31 million in the second quarter of fiscal 2013 associated with the early repurchase.

　　联系方式： Kipp A. Bedard

　　Investor Relations

　　kbedard@micron.com

　　(208) 368-4465

　　Daniel Francisco

　　Media Relations

　　dfrancisco@micron.com

　　(208) 368-5584