Micron Technology Research & Development (R&D Expenses)
Research and Development (R&D) expenses of Micron Technology 2002-2021
Amounts are in $millions.
| Year | R&D Expenses ($mn) |
| 2021 | $2,663 |
| 2020 | $2,600 |
| 2019 | $2,441 |
| 2018 | 2,141 |
| 2017 | 1,824 |
| 2016 | 1,617 |
| 2015 | 1,540 |
| 2014 | 1,371 |
| 2013 | 931 |
| 2012 | 918 |
| 2011 | 791 |
| 2010 | 624 |
| 2009 | 647 |
| 2008 | 680 |
| 2007 | 805 |
| 2006 | 656 |
| 2005 | 604 |
| 2004 | 755 |
| 2003 | 656.4 |
| 2002 | 561.3 |
2021: Micron technology spent $2,663 million on research and development in 2021 compared to $2,600 milllion in 2020. The company experienced significant growth in net sales and net income in 2021 compared to the previous year. Its net revenues for 2021 remained $ 27,705 milllion compared to $21,435 million on 2020.
As of September 2, 2021, Micron technology owned approximately 15,400 active U.S. patents and 7,300 active foreign patents. It also had thousands of U.S. and foreign patent applications pending. Micron's patents have various terms expiring through 2041.
Research and Development expenses of Micron technology grew to $2.14 billion in 2018 from $1.82 billion in 2017.