Responsible for finance, AMD Devinder Kumar last week admitted that the company's position in the graphics market does not suit him, and it could have been (and will be) better.
Firstly, he said that the impact on business market Cryptocurrency AMD's discrete graphics solutions have come to naught. Obviously, due to the excess cards substantial discounts managed to sell at the right volume, although this is only our suggestion.
Reduce the degree of dependence on the PC market (the company now gets 40% of its revenues in other areas) will allow AMD to reduce losses. Devinder Kumar does not consider it necessary to fight for some segment of the PC market at any price, increasing the company's losses. For example, in the lower price consumer segment omarket it does not make much sense, because the competition is too high. Yes, AMD had to give up the position to competitors, but its market share in terms of revenue increased by one-half percent compared to last year. Furthermore, losses on the direction of the PC is significantly reduced, and in the coming year, AMD hopes to get rid of them altogether. However, it will still be at least six months before the situation stabilizes in the retail sector, according to Devinder Kumar.
In the corporate segment, AMD is doing much better. Volumes of supplies of certain products in the second and third quarters in this area doubled. The following year, AMD expects to further strengthen its position in this segment.