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Vendor News

Improved Revenues and Margins for AMD's Q3 2018

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Improved Revenues and Margins for AMD's Q3 2018

AMD appears bullish in Q3 2018, with revenues growing by 4% Y-o-Y to reach $1.65 billion and gross margin reaching 40%-- but sales did not satisfy the expectations of Wall Street, leading to plummeting share prices.

"We delivered our 5th straight quarter of year-over-year revenue and net income growth driven largely by the accelerated adoption of our Ryzen, EPYC and datacenter graphics products," CEO Dr Lisa Su says. "Client and server processor sales increased significantly although graphics channel sales were lower in the quarter. Looking forward, we believe we are well positioned for further market share gains as we continue making significant progress towards our long-term financial targets."

AMD attributes the growth in gross margin to products such as Ryzen (desktop and mobile) and EPYC (server), as well as IP-related revenues. The company is finding success in laptops, with 54 such machines carrying AMD chips set to debut this year, and processor ASPs are also on the up on both Y-o-Y and Q-o-Q basis.

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DigiTimes: AMD Regains Desktop CPU Share

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DigiTimes: AMD Regains Desktop CPU Share

Prospects are looking increasingly positive for AMD-- following a 2017 return to profitability, the company is set to set to gain 30% global desktop processor share in Q4 2018, DigiTimes reports.

Key to such gains is fully foundry support from Taiwan Semiconductor Manufacturing Company (TSMC), as well as Intel 10nm processor launch delays. According to "industry sources," AMD has recently loosened ties with Globalfaoundries in favour of contracting TSMC to manufacture GPUs, server and PC processors using a 7nm process. The change brought about better chip yield rates and performance, not to mention regular shipments to customers.

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Bloomberg: Samsung Lowers Memory Production

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Bloomberg: Samsung Lowers Memory Production

Samsung is concerned about memory prices, Bloomberg reports-- so much so the S. Korean giant plans to keep memory chip supplies tight come next year, amid forecasts of demand slowing down.

Such a move would maintain (if not drive up) memory chip prices, at least according to unidentified people "discussing the plan." Currently Samsung expects growth of less than 20% for DRAM, while NAND flash should grow by 30%, down from previous forecasts of 20% growth for DRAM and 40% for NAND in 2018.

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Mitel Adds to EMEA Executive

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Mitel Adds to EMEA Executive

Mitel announces key executive appointments in Europe, with Thomas Veit as revional VP of the Rest of Europe region and the promotion of Christophe Chamy to managing director of Mitel France.

A former VP EMA and APAC for channel strategy with NCR, Veit oversees the Nordics, Benelux, Spain, Italy, Middle East, Russia, CIS and Austria/CEE. He also held senior EMEA leadership positions at Unify, Avaya, Cisco, SonicWall and Ingram Micro. Meanwhile Chamy is former sales director of Mitel France, and has over 20 years of experience in the IT industry.

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DDN Finalises Tintri Buy

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DDN Finalises Tintri Buy

High-performance data management solution provider DataDirect Networks (DDN) completes the acquisition of VM-aware storage vendor Tintri, thanks to a deal worth $60 million.

“We look forward to bringing the exceptional suite of virtualization and analytics products that Tintri has developed over the last decade to enterprise and hybrid cloud organizations around the world,” DDN says. “Our first order of business is to deliver immediate world-class support to the more than one thousand Tintri customers worldwide. Beyond that, we are thrilled to help businesses achieve significant value and transformational simplicity for their server virtualization, DevOps and VDI needs.”

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