AMD cutting R&D costs to return to profitability, takes other measures

AMD logoThe poor financial results for 2012 have more or less given AMD the justification it needed for the layoffs of late last year.

Sadly, that one measure has proven insufficient in AMD's efforts to return to profitability.

Because of that, the company has decided to take other hard measures, like selling the Austin campus and even cutting R&D costs, of all things.

Indeed, AMD will actually reduce research and development costs by designing chips to standardized testing and manufacturing procedures.

The Richland, Kabini and Temash chips will still have to bear the brunt of things, along with the new GPUs, but AMD also has some design wins in the embedded market, though CEO Rory Read refused to talk about them citing confidentiality clauses.

Since the PC market is going down, the embedded and mobile industries really are the way to go.

Source: Softpedia

Tags: AMD, CPUs

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Purported leak reveals upcoming phablet’s design
 
Google boasts of integration with Google Assistant and Google Home
 
The support team replied that some hardware limitations are leading to malfunctions
 
The retailer will allow results to appear in the Shopping section of Google’s search engine
 
Trump is seeking to lift the export ban as a "personal favor" to China
 
The company reportedly sniffed around AMD and Nvidia as potential GPU suppliers
 
 
iPhone users in the US will be able to automatically share their location with first responders
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930




Poll

Do you use microSD card with your phone?
or leave your own version in comments (10)