AMD fails as white knight for Fujitsu fab

FASL, AMD's joint flash venture with Fujitsu, may have been a cash cow in the past.

But in these tough times, fine words butter no parsnips and now Fujitsu's Gresham plant in Oregon will close, with the loss of nearly 400 jobs after AMD failed to step in and save the fab.

This is something of a puzzle to the INQUIRER because back in August we ran a story based on an Oregonian report, that AMD would take a half stake in Gresham.

But Fujitsu, around the same time as this report appeared, decided to cut one in 10 jobs across the board.

You can find the EB News take on the Gresham attempt here. µ