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Fujitsu, AMD to merge flash businesses

Flash in the pan?
Mon Nov 25 2002, 09:20
A REPORT ON Japanese site Asahi Shimbun said Fujitsu and AMD will merge their flash businesses by the end of the year.

Both Fujitsu and AMD have had a joint venture called FASL for the last ten years, but both companies are also looking at consolidating their respective businesses - so such a move would appear to make some sense.

The downside is that AMD would lose some control over a lucrative part of its business which, as we reported last week, appears to be on the up and up.

AMD and Fujitsu are contemplating merging just about the whole of the flash business, from initial development to production and sales.

The two companies are currently locked in a dispute over money that Fujitsu claims AMD owes after a flash memory plant at Gresham was shut down. µ

L'INQ

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