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Showing posts with the label United Arab Emirates

IT-industry: Ordered to survive

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Image via Wikipedia Sadness and gloom. These two words were sufficient to describe the current mood of the inhabitants of Silicon Valley. Another couple of months ago it seemed that the IT-industry crisis, if not will bypass, then, at least not so badly affected as other industries. But expectations are not met. More recently, the generous funding of startups completely phased out, as large IT-companies massively reduce the staff and all the universal "restructure", ie, start saving, even at the clip and toner for printers. But this does not save. Semiconductor Sector In the IV quarter of 2008, the supply of a family of x86 processors fell by 18%. At the same time, as once again underscore the analysts in the I quarter of 2009 the first significant improvement is not worth waiting for. Deliveries of the family of x86 processors in monetary terms in the IV quarter of 2008 decreased by 18% compared to III quarter of that year, said the report Mercury Research. These are the pro...

AMD: reproduction division

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October 7, one of the most famous producer of microprocessors - the company AMD - announced its restructuring, which divided it into two companies. One will specialize in the development and design of chips, the second - to release processors. So AMD intends to reduce operating costs and increase their market share. The company, which will release a chip, will be temporarily named Foundry Company. AMD, it will have 44.4% stake. Attachments from AMD it would be technology, intellectual property, patents, manufacturing facilities including two production sites in Dresden and related assets of factories. Headquartered Foundry Company will be located in Silicon Valley in the USA. The remaining shares of Foundry Company will be at the disposal of an investment company Advanced Technology Investment Company (ATIC), established by the authorities of Abu Dhabi (United Arab Emirates). Advanced Technology Investment Company promised to immediately invest in Foundry Company $ 2,1 billion, with $ ...