AMD representatives already reported their relations with Globalfoundries: AMD company like to preserve the privileges of main client and to influence decision making through the council of directors, but in this case to decrease its portion in capital regulation and to not participate in financing globalfoundries.
As reports associate, the majority Of globalfoundries shareholder ATIC companies gave to the German anti monopolistic organs claim for the purchase of shares block of this semiconductor producer. Arab investors (ATIC) want to purchase the remained part of globalfoundries actions, which corresponds to 34,2% of capital regulation . AMD representatives recently stated that they would want to decrease their portion in Globalfoundries and to be concentrated on the development of processors and video chip. Consequently, both sides are ready to transfer all active memberships Of globalfoundries under ATIC control.
Globalfoundries recently completed the integration with chartered semiconductor in its organizational structure. Now the company has more than 150 clients, and AMD is only the largest of them. We hope that the increase in globalfoundries independence degree will not deprive AMD from the ability to release new products in time.