By getting rid of factories and taking financial assistance from a new investor - Arab fund Mubadala Development Company , as well as having received over a billion dollars from Intel in fines for anticompetitive actions , AMD was able to return to profitability. Of course, there have been other actions - save mode and conducted an effective clean-up staff. For a while it worked. The company was able to show in several quarters some net profit, and even make a purchase of the server manufacturer, SeaMicro company . But what AMD is unable to fight is the crisis in the economy. The difficult macroeconomic situation reduces processor market - the main source of AMD income.
AMD investors are not happy with the situation . In any case, such a conclusion can be made by the appointment of AMD second Mubadala board representative - Ahmed Yehia El Idrissi : At present, Ahmed is Executive Director of Mubadala Industry, and is responsible for developing a portfolio of Mubadala industrial production, including metallurgy, mining, energy and high technology.
At the time of making a deal with AMD in 2007, Mubadala company bought a 8.1% stake in AMD. This gave it the right to enter AMD board representative. Mubadala later bought additional shares from AMD, increasing its stake to 19.4%, which gave it another seat on the directors board . A couple more of these operations, and we can see the boxes with graphics inscriptions such as Mubadala AMD ATI Radeon :-). Joking aside, investors are worried about the investment performance in AMD. Related Products :
|