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Micron: Idaho Work Force Cut

BOISE, Idaho (AP) - Micron Technology Inc. (NYSE:MU) , a maker of computer memory chips, said Tuesday it has cut less than 10 percent of its 11,000-person work force in Idaho, though it indicated more cuts are possible as the company attempts to recover from losses fed by falling prices for its products.
'We have completed many of these work force reductions, which account for less than 10 percent of our work force in the Treasure Valley,' Micron CEO Steve Appleton said in a statement.

Micron Opens New Manufacturing Facility in China

Micron Technology, Inc., one of the world's leading providers of advanced semiconductor solutions, today officially opened a new manufacturing facility in Xi'an, China. The facility, Micron's first manufacturing facility in China, is designed for assembly and test operations for Micron's semiconductor products, including dynamic random access memory, NAND flash memory and CMOS image sensors. The facility is expected to be built-out by the end of 2008 at an investment of $250 million and support up to 2,000 employees. The plant is Micron's second assembly and test facility in Asia, with its first being opened in Singapore in 1998. Additionally, Micron's Xi'an facility will be one of the largest investments of the 860 foreign-invested companies operating in the Xi'an High Tech Zone in Shaanxi Province in Midwest China. Media kit information on Micron's Xi'an grand opening can be found here.
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