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AMD closes design facility in Colorado

Posted on Sunday, July 16 2006 @ 00:36:20 CEST by

AMD will close a design facility in Colorado, laying off about half of its 150 person staff.
The chipmaker told employees in its Longmont, Colo., outpost earlier this week that it would move half of the staff in-state to a facility in Fort Collins, where AMD also has operations. The other 75 employees will leave by the end of the year.

The Longmont facility was a design center for AMD's Geode line of low-power, embedded chips used in set-top boxes, networking routers, tablet PCs and other devices. Embedded chips are designed directly into electronic products to serve a specific purpose; they are cheaper than the microprocessors used in computers.
More info over at Forbes.



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