04.120.2016 - AMD and Nantong Fujitsu Microelectronics Co., Ltd. Close on Semiconductor Assembly and Test Joint Venture

SUNNYVALE, CA -- (Marketwired) -- 04/29/16 -- AMD (NASDAQ: AMD) NFME and AMD Close $436M Transaction and Launch New JV to Expand the Customer Base for AMD's World-Class Suzhou and Penang Assembly and Test Facilities NFME pays $371M for 85% JV ownership AMD (NASDAQ: AMD) and Nantong Fujitsu Microelectronics Co., Ltd. (NFME) (SZSE: TFWD) today announced that they have closed the transaction to create a joint venture offering differentiated assembly, test, mark, and pack (ATMP) capabilities to both AMD and a broader range of customers. "Combining AMD's world-class teams and facilities in Penang and Suzhou with NFME's exp... - View Press Release - Visit AMD (Advanced Micro Devices, Inc.)