Monday, February 21, 2011

AMD still not developing smartphone processors

AMD's temporary CEO Thomas Seifert has dismissed any rumours that AMD may be developing a chip for the smartphone market, categorically stating that the company is 'not developing a baseband [telephone] chip and this is a clear statement.'

According to PC Magazine, Seifert made the comment at the Goldman Sachs Internet and Technology Conference on Wednesday, during which he confirmed that AMD ‘has no plans to enter the smartphone space .

With AMD's management overhaul out of the way – previous CEO Dirk Meyer and two other board members have now left – Thomas Seifert has now stepped up as AMD's temporary CEO, and he used this first public appearance to outline a few of the company’s plans for 2011 and 2012.

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via Bit-Tech

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