There's mixed industry signals coming from two semiconductor manufacturing businesses, as one gets ready to cut its workforce, with the other one completing its first shipment of products to a new market.
The California-based Advanced Micro Devices (AMD) has announced plans to cut 10 percent of its workforce as it gets ready to restructure its operations due to a number of manufacturing issues and failure to gain new clients in the mobile device market, according to the Wall Street Journal.
AMD, which designs semiconductors for computers, said the move will include the loss of approximately 1,400 jobs and save more than $200 in operating costs next year. The company said it will now focus on generating new business in the emerging mobile device and cloud computing markets.
Meanwhile, business is booming for another equipment manufacturer, who said it recently sent out another line of products used to make semiconductors for the healthcare industry.
Mattson Technology said its new paradigmE etch system will be used for the production of advanced complementary metal oxide semiconductor (CNOS) image sensor (CIS) devices.
The company said the latest shipment now establishes Mattson presence in three key regions around the world.