Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 15 August 2007 11:06

AMD sold piece of Dresden FAB

Written by Fuad Abazovic

Image

The buyer from East


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.

The same sources have implied that the deal for selling between 300 to 500 million dollars has already been made with a buyer that wants to remain unknown but we know that it comes from east. We also know that the buyer is not TSMC. We also know that AMD sold some of its old
equipment that it doesn't need any more.

AMD needs the cash to return the Morgan Stanley debt and as the company needs it for its operations. This is really tough year for AMD, the toughest in years.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments