DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
October 21, 2016 
Main Menu
News archives

Who's Online
There are currently 79 people online.


Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin

Follow us

ATIC wants full ownership of GlobalFoundries

Posted on Wednesday, January 20 2010 @ 21:01:36 CET by

Now that the legal issues with Intel have been resolved, AMD is free to sell its remaining stake in GlobalFoundries to Abu Dhabi investment vehicle ATIC and become a fabless chip maker. The company currently has a 34.2 percent stake in GlobalFoundries, but a new filing at the German cartel office reveals ATIC is now moving to obtain full owernership of the foundry firm.
"This action is simply consistent with the long-announced plan for AMD to gradually become fab-less, which was one of the key strategies behind the creation of Globalfoundries," Atic said.

"Fab-less" is the industry term used when semiconductor makers design their own products but outsource their manufacture.

AMD spun off its semiconductor manufacturing arm into the joint venture GlobalFoundries, which started operations in March 2009 and has a plant in Dresden, in eastern Germany, as well as Saratoga, New York.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2016 DM Media Group bvba