CHANNEL CONNECT
“MICRON IS GROWING GREAT DUE TO PRICE AND QUALITY” Over the past few years, the Indian storage solutions market has seen tremendous growth in demand. There has been a steady growth in the adoption of high-quality and robust storage solutions that have propelled the storage solutions market to touch new heights. It shows the amount of data that enterprises are currently generating. They are now holding more data than ever as a result they want to deploy very effective and reliable storage solutions to securely store their data.
cant boost since we started selling Micron’s products. We are an exclusive partner for Crucial Memory Products and we serve over 600 resellers across India. The demand for crucial SSDs and RAM is commendable and we are seeing good growth in demand day by day. The demand for Micron 240GB SSD is predominantly higher than other SSDs. The demand we get for Micron storage products comes from the assembling and corporate segments. “
Micron is currently one of the leading storage solutions brands in India and provides reliable storage solutions for its large customer base across India. Micron has achieved a fairly good market share in a short span of time and continues to grow in a challenging market scenario. Many other storage solution brands that have been serving this market for a long time but have not been able to take advantage of the opportunities exist in this market. Micron has levelled its growth through its efficient, effective and widely deployed channel network.
“We also sell products from the rest of the brands but the response we get from Micron’s storage products is fantastic. As per me, if we see all storage brands, Micron is on the top with 60% market share. We have seen that Mumbai has always been the major IT market all brands, due to which Micron also pays extra attention to this market. Micron has also been successful in its journey as customers satisfaction level is quite high due to best quality and after-sales service by the brand. We have not seen any large complaints or issues about Micron’s product during my journey with Micron so far. I would also like to appreciate the support which we get from National Distributors RP Tech and Balaji. They have been very supportive and have not let us faced any inventory-related challenges. Despite high demand, both national distributors help in keeping demand and inventory very much balanced,” SAID MR. SHAILESH JAIN.
DT spoke to one of its major channel partners based out of Mumbai, Maharashtra. Mr. Shailesh Jain, proprietor of Maharaja International said, “We have been associated with Micron for more than 4 years now and we share a deep relationship with the brand as it has enabled us to grow at a greater pace. Our performance has also received a signifi-
HE FURTHER ADDED, “We do more than 15 crore business with Micron products and our next target is to touch 22 crore revenue within this year. We will definitely achieve this target as demand has increased dramatically in the last one year which has accelerated the pace of our growth. Increased demand is attributed to the best quality products and affordability. Affordability and quality are key factors driving Micron’s growth in India and that is why Micron stands out as a leader. These qualities will help Micron maintain its growth and gain a competitive edge over other players in the market. Micron’s future is extremely bright and we will continue to shape our partnership with Micron.”
MICRON REPORTS REVENUE OF $6.24 BILLION IN Q2 FISCAL 2021 Micron Technology announced results for its second quarter of fiscal 2021, which ended March 4, 2021.
Operating cash flow of $3.06 billion versus $1.97 billion for the prior quarter and $2.00 billion for the same period last year
FISCAL Q2 2021 HIGHLIGHTS
“Micron’s strong fiscal Q2 performance reflects rapidly improving market conditions and continued solid execution,” said Micron Technology President and CEO Sanjay Mehrotra. “Our technology leadership in both DRAM and NAND places Micron in an excellent position to capitalize on the secular demand driven by AI and 5G, and to deliver new levels of user experience and innovation across the data center and intelligent edge.”
Revenue of $6.24 billion versus $5.77 billion for the prior quarter and $4.80 billion for the same period last year GAAP net income of $603 million, or $0.53 per diluted share Non-GAAP net income of $1.13 billion, or $0.98 per diluted share
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