Wednesday, August 24, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AMD Increased GPU Market Share in Q2 2016
Chinese Firm Unveils 64-core CPU
PlayStation Now Coming to PC, DualShock 4 USB Wireless Adaptor Unveiled
Upgraded Tesla Car Get From 0 to 60 in 2.5 Seconds
Opera VPN App For Android Released
Microsoft Provides Glimpse Of 24-core Processor For HoloLens
Nvidia Unveils Parker, The Latest SOC For Autonomous Vehicles
Toshiba to Implement Eyefi Connected Features in Next FlashAir SD Cards
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 > General Computing > AMD Den...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, November 14, 2012
AMD Denies Report The Company Is For Sale


Advanced Micro Devices (AMD) denied reports that the company's board of directors are considering selling the company or any of its assets.

Reuters reported on Tuesday afternoon that AMD has hired JPMorgan Chase & Co to explore business options, including a potential sale. Reuters cited unnamed sources saying that although sale of the company was not the main option, choises could include selling its patents.

"AMD's board and management believe that the strategy the company is currently pursuing to drive long-term growth by leveraging AMD's highly-differentiated technology assets is the right approach to enhance shareholder value," the company said in a statement. "AMD is not actively pursuing a sale of the company or significant assets at this time."

AMD faces competition from companies designing low-cost and power-efficient chips for mobile devices based on ARM Holdings' technology. AMD remains dependant on the PC industry and seems to have no cash to offer strong mobile offerings. Rival Intel has also failed to be competitive in the mobile chip market so far, although it has potential to fund research on new products to catch up.

AMD said last month it would slash 15 percent of its workforce, while devoting more resources to areas outside of its traditional PC business, including communications, industrial and gaming applications.

AMD also recently announced it has licensed technology from ARM and will use it to build low-power chips for servers. But those products aren't expected to launch until 2014.


Previous
Next
Toshiba Reopens Flooded Semiconductor Facility in Thailand        All News        Weak Economy Likely To Keep Smartphone Sales Low
Toshiba Reopens Flooded Semiconductor Facility in Thailand     General Computing News      Nokia Focuses On Mapping Services With HERE

Get RSS feed Easy Print E-Mail this Message

Related News
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
AMD Provides Sneak Peek of Polaris-based Radeon RX 460 and RX 470 Graphics Cards
AMD Launches 7th Generation AMD A-Series APUs, Announces New Radeon RX GPUs, Demonstrates Upcoming Desktop Processor "Zen" Processor Core

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 .