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|23rd July 2008, 15:32||#1|
Join Date: May 2002
AMD Prepares to Spin Off Manufacturing Operations
Dirk Meyer, the new chief executive officer of Advanced Micro Devices, said in an interview with a news-paper that the company would spin off its manufacturing operations in months time as a part of its asset smart strategy. This is the first confirmation of the expected action by AMD’s high-ranking executive.
Austin American Statesman news-paper quotes Mr. Meyer as saying that “the company is just months away from a major restructuring that will spin the manufacturing operations off into a separate company, with new ownership”. It remains to be seen whether there will be one or two owners of the “AMD Semiconductor” company or the parent chipmaker will just make initial public offering (IPO) and issues new shares.
|23rd July 2008, 19:52||#2|
This... is actually a really good idea. AMD has 45nm high-K dielectric fabbing capability and plenty of experience with SOI chips. Turning the company into a fabbing entity should make it profitable, while leaving the CPU company off on it's own to either flounder, recover, or ultimately die.
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