Thursday, April 26, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AMD's Revenue increased 40 Percent year-over-year
Qualcomm's Quarterly Profit Falls 51.5 Percent
Facebook Reports Quarterly Profit Fueled by Mobile Ads, No Impact From Analytica Scandal
Philips Momentum 43" HDR Monitor Achieves 1,000 nits of Brightness
China's Pushes into Semiconductor Market
Amazon Alexa and New Echo Dot Speaker Target Kids
Hotel Room Keys Can be Hacked, F-Secure Says
Nokia Launches Edge Cloud Data Center Solution for the 5G Era
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 Pos...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, April 18, 2008
AMD Posts Quarterly Net Loss, Considers Selling Business Units


AMD posted its sixth consecutive quarterly net loss on Thursday as the chip maker continued to lose market share to far larger rival Intel.

The company is hoping that its 'Barcelona' quad-core processor for servers will help reverse market share losses to Intel. The chip had been hampered by a flaw that has since been fixed and it is currently available though AMD's partners.

AMD also, a year ago, promised to give details of an "asset-light" manufacturing strategy, which could include selling its chipmaking plants entirely or having a contract chipmaker like Taiwan Semiconductor Manufacturing Co Ltd make more of its chips.

AMD Chief Executive Hector Ruiz said on a conference call that while there no details to announce immediately, they would be coming in the next three months, or by the end of the year. Apparently this indicates that a decision has been made already.

"We believe will also have an opportunity to further restructure the company for increased focus and added flexibility, which places us in a better position to deliver sustainable, profitable growth," Ruiz said, noting that he hopes to "communicate details in the near future."

AMD remains a generation behind Intel in its chipmaking technology, but if AMD can ramp up production of its Barcelona server chips their competitive price could help the company regain market share. But Intel's own next-generation chip, code-named Nehalem looms.

AMD had said on April 7 that it would cut 10 percent of its work force.

The company said on Thursday that there may be more restructuring in store as it aims to reduce costs so that it can turn a profit on just $1.5 billion in revenue.

AMD's poor results, the company's difficulties to compete with Intel's chip productivity as well as Intel's plans to offer advanced graphics through its new chips have been feeding speculations that AMD would seek to join forces with Nvidia. However such a deal would harm the graphics chip maker?s relationship with Intel.

Some other analysts have also predicted that with AMD shares being so low, it might be a good time for IBM to acquire them. IBM has already a research and development expense-sharing agreement with AMD.


Previous
Next
Xbox 360 Regains Lead Over PS3 in the U.S.        All News        Samung Showcases New Armani LCD TV
OCZ Offers 2GHz DDR3 Modules Featuring Water-Cooling Technology     PC Parts News      Nvidia Admits Overclocking Problems With nForce 790i Chipset

Get RSS feed Easy Print E-Mail this Message

Related News
AMD's Revenue increased 40 Percent year-over-year
2nd Generation AMD Ryzen Desktop Processors Arrive to Offer Great Value
2nd Generation AMD Ryzen Processors Available April 19
AMD's Radeon RX 500X Series Is Nothing Than Rebranded Older RX 500 Cards
AMD Releases new Spectre Updates
AMD to Fix 13 processors Vulnerabilities Reported by CTS Labs Research
AMD Chips Have Security Flaws, Report Claims
AMD's Project ReSX Makes Popular Games Run Smoother
GPU Market Declined seasonally in Q4, Despite Interest in Cryptocurrency Mining
AMD Brings x86 'Zen' Architecture to the Embedded Market With new Ryzen Processors
First AMD Ryzen Desktop APUs Featuring Powerful Graphics Released
AMD EPYC Power Three New Platforms in Dell EMC PowerEdge Family

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .