AMD to Disclose Details of a Secret Reorganization Strategy?
In over a year after the first mention of its "asset-smart" ("asset light") strategy, AMD is claimed to finally disclose details of its reorganization plan, which is a part of the cost reduction programme called to help the company return to profitability.
AMD executives have recently stated that the company is already implementing the strategy. "We see the end point," said a company representative. "We are getting closer. It's a fair assumption to say we've begun implementing the program."
While analysts and investors expected more than vague hints, no details have yet been disclosed. Still, the company promised to shed some light in the nearest months.
Actually, having been trying in vain for several months to obtain this information, analysts believe in two possible outcomes: AMD will either spin off manufacture into an independent entity, or will merge it with one of its partner's manufacture.
Anyway, company's official representative refused to comment on these assumptions.
Source: EE Times
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