also @ TechSpot: Xbox One: Entertainment Hub First, Gaming Console Second -- But Could It Disrupt TV?

› ›

AMD to aim for business market in 2003

By

On November 8, 2002, 1:35 AM

Advanced Micro Devices will heavily target the corporate market in 2003 in an effort to pull itself back to profitability, company executives said Thursday. Additionally, the company confirmed it will begin to lay off employees this quarter and try to reduce expenses by $100 million per quarter by the second quarter of 2003.

"It will be a significant number," AMD chief executive Hector Ruiz said at a meeting for analysts. "For us to meet our tough (cost saving) projections, it is inevitable that people go with that."

Read more: [URL=http://news.com.com/2100-1001-965000.html?tag=lh]CNet News[/URL].

No tags on this story

Post a comment

Post a new comment

Social Login & Guest Posting TechSpot Members
Login here or sign up for free,
it takes about a minute.
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.
TechSpot on:

Most Popular

Trending Featured
More Trending Topics

Featured on Routers

Downloads and Drivers

Downloads   Drivers  

KiTTY 0.62.2.3

mIRC 7.32

Actual Bookmarks 1.2

World of Warcraft Patch 5.3.0

Funny Photo Maker 2.4.1

More Downloads

Latest Discussion

Graphics Card Question 9 replies on Audio and Video

Does anyone have experience with iolo System Mechanic? Words of advice? 11 replies on Software Apps

Need help with upgrading 11 replies on Processors and Motherboards

Monitor - No display when i put my HD6670 into motherboard 5 replies on Audio and Video

How did my Windows key become disabled? 15 replies on Other Hardware

More Recent Discussion

Subscribe to TechSpot

Get free exclusive content, learn about new features and breaking tech news.