Micron Foundation COVID-19 Relief Initiative in Taiwan

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Micron Foundation Donates NT$8 Million Through Employee-Matched Funds to Taiwan’s Underprivileged Families in the Fight Against COVID-19

 

TAIPEI, Taiwan, May 4, 2020 — Micron Technology, Inc. (Nasdaq: MU) today announced a NT$8 million (US$267,000) donation to assist Taiwan’s underprivileged families in battling the COVID-19 pandemic. Through Micron’s gift matching program, Micron doubled the contributions of more than 1,000 team members to support key charities assisting local communities. Funding will go towards supporting the Taiwan Fund for Children and Families (TFCF) and its COVID-19 Home and School Care Project, which aims to ensure economic security, continuous learning and critical life support for disadvantaged families.

Micron began collaborating with the Taiwan Fund for Children and Families in early April, setting a goal to reach NT$1.5 million through employee donations. The campaign succeeded in raising five times that much just weeks into the campaign.

“We are committed to applying the full strength and resources of Micron’s business to support our communities while continuing to take proactive measures to protect the health and safety of our team,” said KC Hsu, corporate vice president and Taiwan country manager at Micron Technology. “I am deeply moved by the generous response from our local team members, and we are honored to work with TFCF to provide immediate support to Taiwanese families affected by the COVID-19 pandemic.”

TFCF's COVID-19 Home and School Care Project offers support to needy families, children and adolescents, including emergency assistance, digital-learning resources and mental health services. To date, TFCF has provided emergency aid to 500 families.

“As the global COVID-19 pandemic continues to unfold, young children and their families remain especially vulnerable,” said Su-Chiou Ho, chief executive officer, Taiwan Fund for Children and Families. “We are thankful to the Micron Foundation and Micron’s Taiwan employees for their contributions in helping ensure the well-being of children and adolescents so that they can continue their lives and studies during this challenging time.”

Micron previously announced plans to dedicate US$35 million to counter the global effects of the COVID-19 pandemic. Additionally, to maximize the impact of contributions to local communities, Micron raised team member individual match limits from $2,000 to $10,000 for 2020, introduced a two-to-one match, and increased the company’s overall match funding to $5 million globally. Micron is also supporting local communities around the world with funding for supplies, such as personal protective equipment and thermal scanners, to help those on the front lines.

About Micron and Micron Foundation

We are an industry leader in innovative memory and storage solutions. Through our global brands — Micron® and Crucial® — our broad portfolio of high-performance memory and storage technologies, including DRAM, NAND, 3D XPoint™ memory and NOR, is transforming how the world uses information to enrich life. Backed by more than 40 years of technology leadership, our memory and storage solutions enable disruptive trends, including artificial intelligence, 5G, machine learning and autonomous vehicles, in key market segments like mobile, data center, client, consumer, industrial, graphics, automotive, and networking. Our common stock is traded on the Nasdaq under the MU symbol. To learn more about Micron Technology, Inc., visit micron.com.

Since its founding in 1999, the Micron Foundation has contributed over $100 million through philanthropy and people to communities where our team members live and work. The Foundation and Micron's corporate giving are driven by the Micron Gives organization with grants, programs and volunteer efforts focused on promoting science and engineering education and addressing basic human needs.

To learn more, visit micron.com/foundation and follow the Foundation on Twitter @MicronGives.

© 2020 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

 

Micron Media Relations Contacts
Erica Pompen
Micron Technology, Inc.
+1 (408) 834-1873
E-mail: epompen@micron.com

Christy Weng
Micron Technology, Inc.
+886-919-511-776
E-mail: christyweng@micron.com

Sherry Lee
Golin Taiwan
+886-922-158-580
E-mail: slee@golin.com

Micron Investor Relations Contact
Farhan Ahmad
Micron Technology, Inc.
+1 (408) 834-1927
farhanahmad@micron.com

Featured Event Photos

 

KC Hsu, CVP & Taiwan Country Manager, Micron Technology (Left side) is on behalf of Micron Foundation to give the charity donation to Su-Chiou Ho, chief executive officer of Taiwan Fund for Children and Families (Right side) to deliver Micron and Micron Taiwan team members’ concerns to local underprivileged families who are suffered from COVID-19 pandemic.

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KC Hsu, CVP & Taiwan Country Manager, Micron Technology (Left side) is on behalf of Micron Foundation to extend Micron’s support to local community which Micron operates. Ms. Su-Chiou Ho, chief executive officer of Taiwan Fund for Children and Families appreciates Micron’s contribution in supporting disadvantaged families to continue studying and able to feel relief for such emergency fund.

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Ms. Su-Chiou Ho, chief executive officer of Taiwan Fund for Children and Families (Left side) delivers certificate of appreciation to KC Hsu, CPV & Taiwan Country Manager, Micron Technology (Right side) to thank Micron’s contribution which could support more than 500 families from COVID-19 impact.

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