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Advanced Micro Devices By Darryl E-mail rydlarhotmailcom Table of Contents Table of Contents 1 Corporate Overview 2 Company History 2 Products 3 Financial Information 4 Market Conditions and Competition 5 Strategies Goals 6 Foreign Operations 6 International Production Facilities 6 Fujitsu Alliance 7 Foreign Currency Translations 8 Hedging 8 Problematic Issues Their Solutions 9 Lawsuits 9 Taiwan Earthquake 9 Outlook 10 Appendix A Balance Sheets 11 Appendix B Income Statements 12 Appendix C Foreign Subsidiaries 13 Corporate Overview Company History Advanced Micro Devices AMD founded May 1st 1969 and headquartered in Sunnyvale California is one of the largest manufacturers of integrated circuits in the world Founded originally by Jerry Sanders and seven others in a single room in 1969 with only 100000 AMD now employs approximately 13000 people worldwide and has annual revenues in excess of 24 billion In 1978 AMD opened up international assembly facilities in Manila Philippines and expanded the Penang Malays ia factory that they originally opened in 1973 as their first overseas manufacturing base By the end of 1981 the company had more than doubled its sales over 1979 Plants and facilities expanded with an emphasis on building in Texas New production facilities were built in San Antonio and more fabrication space was added to their Austin Texas facilities as well In the years following 1981 AMD expanded its global operations tremendously with the incorporation of AMD Singapore in 1983 as well as by building a facility in Bangkok Thailand By 1994 AMD had become a supplier of flash memory networking EPROM telecommunications and programmable logic chips In more recent years AMDs sixth and seventh generation chips including the new Athlon processor have been and will continue to be one of the leading chipsets available worldwide Their international sales operations entail exchange rate fluctuations political and economic risks including expropriation currency c ontrols changes in freight rates and changes in rates and exemptions for taxes
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