The change in AMD's leadership may have come late, but it is a kick the company needs to become more competitive in the microprocessor market, analysts said.
Advanced Micro Devices on Thursday replaced Hector Ruiz with Dirk Meyer as its CEO, as the company reported its seventh consecutive quarterly net loss. Ruiz will remain as chairman with the company, where he will continue to oversee the "asset smart" strategy to reduce AMD's capital expenditure.
The company saw success in the early part of the decade under Ruiz but floundered after product delays and its inability to articulate a clear road map for its chips, analysts said. AMD has also lost significant market share to Intel, but the new leadership should infuse new energy to compete with its main rival............
More: http://www.pcworld.com/businesscenter/article/148599/change_in_leadership_could_revitalize_amd_analysts_say.html
Advanced Micro Devices on Thursday replaced Hector Ruiz with Dirk Meyer as its CEO, as the company reported its seventh consecutive quarterly net loss. Ruiz will remain as chairman with the company, where he will continue to oversee the "asset smart" strategy to reduce AMD's capital expenditure.
The company saw success in the early part of the decade under Ruiz but floundered after product delays and its inability to articulate a clear road map for its chips, analysts said. AMD has also lost significant market share to Intel, but the new leadership should infuse new energy to compete with its main rival............
More: http://www.pcworld.com/businesscenter/article/148599/change_in_leadership_could_revitalize_amd_analysts_say.html
