10.288.2015 - AMD and Nantong Fujitsu Microelectronics Co., Ltd to Establish Industry-Leading Semiconductor Assembly and Test Joint Venture

SUNNYVALE, CA -- (Marketwired) -- 10/15/15 -- AMD (NASDAQ: AMD) and Nantong Fujitsu Microelectronics Co., Ltd (NFME) (SZSE: TFWD) $436 million agreement combines AMD's high-volume ATMP facilities with Nantong Fujitsu Microelectronics' OSAT expertise to service broad range of customers Latest step in AMD's strategic transformation further sharpens focus and operations on designing high-performance products AMD to contribute Penang and Suzhou assembly and test manufacturing facilities, including approximately 1,700 employees and management team Nantong Fujitsu Microelectronics to take 85% ownership and serve as controlling shareholder, paying AMD... - View Press Release - Visit AMD (Advanced Micro Devices, Inc.)