AMD sold piece of Dresden FAB

jmke · 16th August 2007, 10:33

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

16th August 2007, 11:27

Sad to hear they have to do things like this to get some money

. But on the other hand, it's better to sell the equipment that you only have for gathering dust

Sidney · 16th August 2007, 17:03

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.

16th August 2007, 10:33	#1
jmke Madshrimp Join Date: May 2002 Location: 7090/Belgium Posts: 79,013	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 __________________

16th August 2007, 17:03	#3
Sidney Member Join Date: Mar 2004 Posts: 15,738	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. __________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II

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16th August 2007, 11:27	#2
wutske Posts: n/a	Sad to hear they have to do things like this to get some money . But on the other hand, it's better to sell the equipment that you only have for gathering dust