AMD must cut expenses – Atiq Raza
Did he want to sell Dresden fab?
Posted in Business, 22nd July 1999 07:57 GMT
Free whitepaper – Total cost of ownership of Dell, HP and IBM blade solutions
A local newspaper in Austin, Texas, has secured an interview with Atiq Raza who left AMD the same day as it delivered terrible financial results. The Austin American Statesman, in an interview with the former president of the company, quotes Raza as saying he left his $800,000 a year job with AMD because "something was missing" in job satisfaction. He told the newspaper that AMD has to cut its operating expenses and also lower its sales expectations in order to break even. The newspaper speculates that a row broke out between CEO Jerry Sanders III and Raza after the latter wanted to sell the expensive fab it has just completed in Dresden. AMD had to take huge loans out to build the factory, and is in debt to banks and the German government. Raza also told the newspaper that while AMD's K7 Athlon is a very good product, it does face marketing difficulties. ® See also AMD's Sanders drops another clanger

10 Steps to a Successful CRM Implementation
Market Primer: ERP Systems
Enabling the Agile Data Center
Automating the Acquisition Process with Enterprise Level CRM
10 Strategies for Choosing a Midmarket ERP Solution

Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter