AMD company for the manufacture of semiconductor processors and announced the recent financial results which showed a continuation of the series of losses for the fourth consecutive quarter by about $ 197 million, bringing losses so far this year to $ 557 million.
In this troubled financial situation of the company it has lost eight billion dollars during the last 17 years-old. Here was a chance to other companies competing for a share of its own shares as announced the establishment of a joint venture with Fujitsu Electronics thumbnail for assembly and testing.
Under this new company, Fujitsu will get 85% of the shares in AMD manufacturers are located in China and Malaysia and AMD will get through it on the net amount of $ 371 million.
This new company will serve as another desperate attempt to return to the competition to be a big stumbling block in the way Intel once again as they were in the earlier period.
And as results cross these recurring losses lost the company's Phil Rogers, who spent more than two decades in which he moved to the NVIDIA competition, as it was announced earlier this month for the demobilization campaign will affect 500 employees, including 5% of its workforce in an effort to cut costs.
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