AMD completes spin-off of its assembly and test operations
by from Techreport on (#1C8N1)
A few months ago, AMD announced that it was spinning off its chip assembly, test, mark, and pack (ATMP) operations into a joint venture with Nantong Fujitsu Microelectronics (NFME). The companies jointly announced the successful closure of that deal today. AMD will receive $371 million from NFME as part of the bargain. In exchange, NFME will get an 85% share of AMD's ATMP operations in Penang, Malaysia and Suzhou, China. AMD will retain a 15% stake in those businesses.
A worker tests chips ...