AMD loses control over the assembly factories in China and Malaysia

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POSTER: computer news   ||   AMD LOSES CONTROL OVER THE ASSEMBLY FACTORIES IN CHINA AND MALAYSIA	DATE:2015-10-16
When planning to focus on the development of processors, AMD sold its semiconductor factories to the company GlobalFoundries.  At first it looked like a joint venture, but then the company has reduced its participation in GlobalFoundries.   The official press release, AMD announced that it has reached an agreement with the Chinese subsidiary  Fujitsu - with Nantong Fujitsu Microelectronics Co - a joint venture for the packaging and testing of chips.  If the regulators will not prevent the transaction, the joint venture with an initial funding in the amount of $ 436 million. Will be completed in the first half of 2016.  AMD's share of the joint venture will amount to only 15%.  In fact, the company will give up its factory, both Fujitsu and the staff in the amount of 1,700.  At current prices, this will be enough to develop two processors versions  . More precise, Nantong Fujitsu Microelectronics worked on contract orders.  Therefore, the new joint venture will also be focused on the work with third-party customers.  Total joint venture will manage five factories with about 5,800 person. Related Products :

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