Sunday, September 25, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Snapchat Introduces 'Spectacles' Smart Glasses, Changes Company name To Snap
Nvidia GPUs Could Return To Apple Macs
Lenovo Brings Fingerprint Authenticated Payments To Laptops
Report Cites Google, Salesforce Interest For Twitter
Dalian Wanda and Sony Enters Team Up in China Movie Business
Apple Develops Amazon Echo-Style Device
ALD Technology Chosen By Samsung, LG For Flexible OLEDs
TSMC To Use Different Processes And 3D Packages Across Future Design Platforms
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > AMD to ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, April 08, 2008
AMD to Cut 10 Percent of Jobs, Estimates Weak Sales


AMD said on Monday it would cut 10 percent of its work force, or about 1,680 jobs, and gave a first-quarter revenue estimate below expectations.

Citing lower-than-expected sales across its business, AMD estimated revenue for the quarter ended March 29 at about $1.5 billion.

A weakening economy and tough competition from larger rival Intel were causing AMD's revenue shortfall.

AMD lost market share last year as its chip-making technology lagged Intel's. Intel ended 2007 with a 79 percent revenue share of the microprocessor market and AMD with 13 percent, according to market researcher iSuppli.

But Intel has also issued its own warning about the first quarter. In early March, Intel cut its gross margin forecast, citing weaker pricing for NAND memory chips used in digital music players and cell phones.

AMD lags currently lags Intel in chipmaking technology and could be about nine months behind Intel when it introduces chips with elements as small as 45 nanometers in the second half of 2008.

AMD had a hiccup with the Barcelona chip due to a flaw that caused errors in some computer applications, but it is now shipping greater quantities of the much-anticipated chip.


Previous
Next
PSP Firmware v3.95 Coming Soon        All News        Nokia Opens Research Center in Switzerland
New IBM Servers Powered by 5GHz Power6 Processors     PC Parts News      HP Unveils Laptop For Schoolkids

Get RSS feed Easy Print E-Mail this Message

Related News
Mainstream Gaming PCs Powered by 7th Generation AMD A-Series Processors Debut
AMD Enters New Wafer Supply Agreement With GLOBALFOUNDRIES
AMD Increased GPU Market Share in Q2 2016
AMD Says Zen Procedssors Are Close, Outlines New Features
AMD Downgrades ARM Strategy For Servers
AMD Radeon RX 470 And RX 460 Are Shipping in Early August
AMD Radeon Pro Solid State Graphics Combines Polaris GPU With SSD Flash Memory
Latest AMD Radeon Software Fixes PCI-e Power Draw Issues
AMD Launches the VR-ready Radeon RX 480 Graphics Card
Nvidia To Position The GTX 1060 Against New Radeon RX 480
AMD Zen Chipset Rumored To Have USB 3.1 Design Issue
AMD To Release Polaris 10 And Polaris 11 GPUs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .