Error
  • JUser::_load: Unable to load user with id: 67

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.
Tuesday, 19 May 2009 22:17

AMD expects return to profitability by year's end

Written by


Image

Meyer promises no more layoffs

 

Months before the recession reared its ugly head, AMD was struggling and putting in place unpopular measures to reduce costs and streamline its operations. Now, it seems the company had a head start on the rest of the industry which is still trying to cope with the downturn.

Speaking at the Reuters Global Technology Summit in New York, CEO Dirk Meyer said AMD's main division would end 2009 profitable if demand in Q3 and Q4 picks up. His forecast excluded AMD spin-off Globalfoundries, and the consolidated report for both companies will not show a profit.

Meyer also optimistically commented the massive $1.45 billion antitrust fine levied against Intel by the European Commission, saying: "Over time, it's going to allow us to more successfully compete for business."

There were some good news for AMD employees as well, as Meyer said the company was done with restructuring and layoffs. He claims AMD has cut costs to such extent, that it will break even once quarterly revenue reaches $1.3 billion.

Talking about netbooks, Meyer once again said that he expects the distinction between netbooks and notebooks to fade over time, and eventually disappear.

He also had a novel definition of netbooks to offer, saying: "Netbooks have Atom. Notebooks don't."

More here.

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments