Biting the hand that feeds IT
Biting the hand that feeds IT
Management:
|
|
News ToolsReg Shops |
![[Print]](/Design/graphics/icons/pf.png "Printer-friendly version"){kind=icon} ![[Mobile]](/Design/graphics/icons/regmob.png "Read The Reg on your mobile phone"){kind=icon} ![[Alerts]](/Design/graphics/icons/alerts.png "Reg Desktop News Alerts"){kind=icon}
AMD's depressing Flash biz set for IPOSpansion to think about what it has donePublished Wednesday 13th April 2005 21:28 GMT Flash memory maker Spansion is heading to IPO country, the company said today. The joint venture between AMD and Fujitsu has filed for an IPO with the US Securities and Exchange Commission. It has yet to set the number of shares to be offered or consequently a per share price. In 2004, Spansion sold $2.3bn worth of memory products. It likes to be touted as "the largest company in the world dedicated exclusively to developing, designing and manufacturing Flash memory products." A bullish IPO would be welcome at AMD where Flash memory has become a very sore subject. In recent quarters, AMD's Flash business has blunted stellar chip sales and rival Intel has gained large amounts of share in the Flash market. AMD has been under pressure from shareholders to separate the underperforming Flash unit from the overachieving chip group. In related news, AMD has put all of its microprocessor operations under one business unit - the newly formed Microprocessor Solutions Sector. This unit will be headed by Dirk Meyer. ® Related storiesSun's Becky Box four-pack leaks
Track this type of story as a custom Atom/RSS feed or by email.
|
|
Top 20 stories • All The Week’s Headlines • Archive • Search
Post to Slashdot
Digg this
Add to del.icio.us
Reddit
Previous Article
