Friday, October 28, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Researchers Reach Human Parity in Conversational Speech Recognition
EU Privacy Authorities Warn WhatsApp on Data Privacy Policy, Yahoo on Breach
LG Says OLED TVs to Account for 50 Percent of Premium TV Market In The Following Years
LaCie Announces Fastest Desktop Storage Solutions And Thunderbolt 3 Portfolio
Acer to Support the Windows Holographic Platform
Samsung's Upcoming Galaxy S8 Smartphone To Feature Changes In Hardware, Get Artificial Intelligence Services
Fujitsu' New IP-HE950 Encoder and Decoder Offer real-time 4K Video Transmission
New G-Technology G-DRIVE Portable SSDs Feature USB-C Connectivity
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.

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
New Radeon Pro 400 Series Graphics Power 15-inch MacBook Pro
New Lenovo Systems Commercial Desktops and Notebooks Are Featuring 7th Generation AMD PRO Processors
AMD Revenue Forecast Falls Short of Estimates
AMD Details Radeon Pro Pipeline for VR Content Creation
AMD Collaborates with Alibaba Cloud to Deliver Cloud Computing Services Based on AMD Radeon Pro GPUs
AMD To Launch Zen Platform At CES 2017, New Socket-compatible 7th Generation Pro chips Launch Now
AMD Brings The Power Of Polaris To Embedded With New Radeon E9260 and E9550 GPUs
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

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 .