AMD sold piece of Dresden FAB The sources close to tooling manufactures are whispering aroud that AMD already closed the deal with somebody at east and that DAMIT already sold a piece of the FAB in Dresden. AMD desperately needs cash and by selling the old nanotechnology equipment it can raise between 300 to 500 million dollars. http://www.fudzilla.com/index.php?op...56&Ite mid=35 |
Sad to hear they have to do things like this to get some money :no: . But on the other hand, it's better to sell the equipment that you only have for gathering dust :D |
The company bought the equipment won't be using it to bake bread; they come back with products that compete with AMD. 3rd Party logistic, contract manufacturing rather than in-house ...... a vicious cycle for poor business managers stay at their jobs a bit longer. It works all over the world as to centralized and decentralized sytems. |
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