SUNNYVALE, CA -- (Marketwired) -- 04/29/16 --
AMD (NASDAQ: AMD)
NFME and AMD Close $436M Transaction and Launch New JV to Expand the Customer Base for AMD's World-Class Suzhou and Penang Assembly and Test Facilities
NFME pays $371M for 85% JV ownership
AMD (NASDAQ: AMD) and Nantong Fujitsu Microelectronics Co., Ltd. (NFME) (SZSE: TFWD) today announced that they have closed the transaction to create a joint venture offering differentiated assembly, test, mark, and pack (ATMP) capabilities to both AMD and a broader range of customers.
"Combining AMD's world-class teams and facilities in Penang and Suzhou with NFME's exp...
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