Micron Technology, Inc. Announces Executive Changes
February 01, 2023 at 09:00 am
Share
Micron Technology, Inc. announced the appointment of Raj Narasimhan to the role of senior vice president and general manager of its Compute and Networking Business Unit. Narasimhan will be responsible for leading Micron's largest business, driving advances in memory products focused on high-performance computing, artificial intelligence, and cloud and client computing. He will report to Sumit Sadana, Micron's executive vice president and chief business officer. Narasimhan began his career at Micron in 1995 in R&D, before taking on a variety of operational roles, including as
the site director of Micron's Manassas, Virginia, fab. He also held global assignments in Singapore and Japan. Most recently, Narasimhan was Micron's corporate vice president of Global Quality. Narasimhan earned a master's degree in electrical engineering from the University of Utah and a bachelor's degree in electrical and electronics engineering from the University of Madras in India. Narasimhan succeeds Raj Hazra, who joined Micron in June 2020. During his tenure as general manager of Micron's Compute and Networking Business Unit, Hazra accelerated the company's leadership in the cloud and data center space, and positioned Micron to lead the industry in DDR5 adoption. Hazra is leaving Micron to pursue a new opportunity as a CEO.
Micron Technology, Inc. specializes in the design, manufacturing and marketing of semiconductors. The group's products include memory products (dynamic memories, flash memories, etc.) and semiconductor systems. Net sales break down by market as follows:
- IT infrastructure (36.7%): computers, network systems, graphics systems and cloud servers;
- phones and mobile devices (23.4%): smartphones, tablets and mobile devices;
- storage media (16.4%): mainly fixed and removable data storage components;
- other (23.5%): primarily automotive, connected home and consumer electronics and industries markets.
As of 31/08/2023, the group has 11 manufacturing sites worldwide.
Net sales are distributed geographically as follows: the United States (50.2%), Taiwan (17.4%), China (14%), Japan (6.4%), Hong Kong (2.1%), Asia/Pacific (4.8%), Europe (4.4%) and other (0.7%).