Thursday, April 2nd 2015
AMD Faces Securities Fraud Lawsuit
Over-promising and under-delivering with its very first accelerated processing units (APU), codenamed "Llano," is coming back to haunt AMD, with a US District Court ruling that the company must face claims from investors over potential securities fraud. Launched in Q3-2012, AMD's A-series "Llano" APUs went largely unsold due to various factors including lack of product appeal, competition from Intel, forcing AMD to pull in its second-generation "Trinity" APU too soon. The related development first took shape in January 2014.
The swelling unsold "Llano" inventory forced an inventory writedown of $100 million, reducing the company's worth by nearly that much overnight, and tanking the value of the AMD stock. While AMD talked about the concept of an APU for years, Intel was the first to come out with a processor that integrates a graphics processor, with its Core i3 and Core i5 "Clarkdale" processors. The suit claims that AMD misrepresented production of "Llano" chips to its investors despite supply issues from its foundry partner GlobalFoundries, artificially inflating the value of the company in 2011-12. By the time production finally caught up, it ended up overproducing resulting in unsold inventory, and in consequence, the $100 million writeoff.
Source:
Reuters
The swelling unsold "Llano" inventory forced an inventory writedown of $100 million, reducing the company's worth by nearly that much overnight, and tanking the value of the AMD stock. While AMD talked about the concept of an APU for years, Intel was the first to come out with a processor that integrates a graphics processor, with its Core i3 and Core i5 "Clarkdale" processors. The suit claims that AMD misrepresented production of "Llano" chips to its investors despite supply issues from its foundry partner GlobalFoundries, artificially inflating the value of the company in 2011-12. By the time production finally caught up, it ended up overproducing resulting in unsold inventory, and in consequence, the $100 million writeoff.
61 Comments on AMD Faces Securities Fraud Lawsuit
The E-350 and E-450 were exactly the same as the C60 but had more clock Ghz. The were meant for low power super low cost machines. Facebook - skype - gmail - word and excel. And that's it. I had a A6-3400 laptop. I now have an AMD FX7500 laptop, which is much faster. But I would reverse back to the A6 all the way before touching a Pentium DC or celeron laptop ANY day. The E1-1200 is quite low, but its graphics were ok for google earth There will always be AMD. Their processors are not the disaster people describe. Why whould a 20% difference in performance between intel and AMD make me change my mind when I have to pay more for the Intel Processor? Look, I own an Intel Bay Trail tablet (the HP stream) and its a huge deal. But in the rest, the big deals come from AMD, just to mention the FX8320 at less than 150$ is quite a bargain for what you get. core duo performance is very respectable even today, but its power consumption was higher, its platform didn't support more than 2GB of RAM (depending on the chipset) and it was, at the time, quite expensive. Not to mention that without a dedicated graphics you cannot watch HD videos smoothly, intel gma was the one to blame. I had the same core duo, the T2050, I poped in a T2500. I'm very happy with the result, specially because I just spent 10 bucks in the T2500. Socket M for laptops. Improved its performance and I use it for work. Its still quite slower than my AMD FX7500 laptop. But still the core duo its very respectable. The FX 8000 line is very respectable. People were disappointed because it couldn't reach intel's performance. So the chip got bad press and people were against it. But in practice, its the best processor for the money. Even lower, the E1 he mentions is 8 watts.
www.investopedia.com/articles/markets/030215/can-advanced-micro-devices-bounce-back-2015.asp
Maybe Lisa Su can turn this around.
The Dell was new while the HP I've got is refurb. It came with English keyboard layout so I can imagine they imported from USA.
here it is . Note: I replaced its hard drive with an SSD drive and going to expand its RAM soon. The C60 was ok for ms office.... c'mon....
APU's work. But there numbering scheme is confusing. Have less on offer and just make it better.
They work pretty well. A friend as an C-60 netbook it plays 720P content with out any issues. But other than that is pretty slow. And over priced.
Another problem is Australia I cannot get any AM1 mobos with 4 x sata ports.
If amd could make an AM1 mobo with 6 or more sata ports make it work with freenas ... you would start moving APU's..
I don't think AMD know there head from there arse. APU's work.
AMD need an intel style site. I get most of my info on AMD chips off 3rd party sites as there documentation sucks. Intel has there ark and it works.
The breaking point came last year IMO, now you can do all those things without much noise and for a low price, but the early low power APU's didn't.