AMD talks the talk. Let's see them put these numbers up by year end.
AMD Sees 30 Percent World Market Share
Jun 12 3:34am ET
KUALA LUMPUR (Reuters) - Advanced Micro Devices Inc. (AMD), the world's largest microchip maker after Intel , is on track to achieve its stated goal of a 30 percent global market share by year-end, a company official said on Tuesday.
Recent launches of products for the mobile computer and workstation/server markets and hopes of a "modest" revenue growth will help AMD meet the target, said Wee Yep Yin, a marketing manager at AMD Far East Ltd in Singapore.
"We are on track to meet our corporate objective of market share of 30 percent by the end of this year," he said at the Malaysian launch of its first processor designed for servers and workstations.
"We are seeing a good sign that we are pretty much in that range across the world," he said.
He said revenue could grow modestly despite expectations of an industry-wide decline of up to 15 percent.
"We are expecting a modest revenue growth in 2001," Wee said, without elaborating.
Sunnyvale, Calif.-based AMD battled head-to-head with Intel to secure a 21 percent market share in the first three months of this year, up from 17 percent last year.
Sales rose nine percent to US$1.19 billion for the first three months from a year ago and in the same period posted higher-than-expected net income of $124.8 million compared with $189.3 million previously.
Last week, AMD unveiled two fast processors in its Athlon series that it hopes will give a foothold in the lucrative computer-server market.
AMD said its new Athlon MP, which works in pairs and can run as fast as 1.2 gigahertz, targets entry-level servers, or computers that serve up web pages and databases for small-to-medium firms, as well as powerful workstations used for animation or computer-aided design.
The Athlon MP is AMD's second new microprocessor chip in a month following the power-saving Athlon 4 processor, designed for notebook computers, which was unveiled on May 15.
The Athlon MPs are priced at US$265 for the 1.2 gigahertz version and US$215 for the one gigahertz version, AMD said in a statement.
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