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To: milo_morai who wrote (64630)11/29/2001 7:44:53 PM
From: Gopher BrokeRead Replies (1) | Respond to of 275872
 
Gresham Fab is 100% owned by Fujitsu.

And AMD is buying that 100% right? I haven't seen any announcement from AMD saying the planned purchase has been cancelled.

So isn't it standard procedure for Fujitsu to close the FAB and lay off the workforce? AMD will not want to take over Fujitsu's entire operation if they need to re-equip. This way they hire back the cream of the workforce when they are ready to start production again.