Showing content from http://fortune.com/2015/09/09/amd-graphics-chip-split/ below:
AMD splits its graphics chips into the Radeon Technology Group
AMD splits out its graphics chips into the Radeon Technology Group
Advanced Micro Devices The Sunnyvale, Calif.-based chipmaker was hit hard in 2012, thanks to the rapidly-changing PC market which saw global shipments plunge as much as 8% one quarter. The cause: a saturated PC market and the ongoing transition to tablets as many consumers' go-to device. As a result, AMD saw earnings plunge 17% with a net loss of $1.18 billion. As part of a restructuring effort announced in the third quarter, AMD is simplifying product development and streamlining its supply chain. It will also focus on areas of opportunity, like the $67 billion global video game market, where its chips will provide the horsepower in Sony's upcoming PlayStation 4 console.
Photo: Ashley Pon/Bloomberg/Getty
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