Home General Various News AMD reports 3Q16 results

AMD reports 3Q16 results

233

  • Register
Taipei, Tuesday, October 25, 2016 22:08 (GMT+8)
thunderstorms
Taipei
29°C

  • Article
  • . (0)
Print Email

AMD reports 3Q16 results
Michael McManus, DIGITIMES, Taipei [Tuesday 25 October 2016]

​AMD has announced revenues for the third quarter of 2016 of US$1,307 million, operating losses of US$293 million, and a net loss of US$406 million, or US$0.50 per share. Non-GAAP1 operating income was US$70 million and non-GAAP1 net income was US$27 million, or US$0.03 per share.

The revenues of US$1,307 million were up 27% sequentially and up 23% year-over-year primarily due to record semi-custom SoC and higher GPU and mobile APU sales, partially offset by client desktop processor and chipset sales. Gross margins were 5%, down from 31% from the previous quarter due to a US$340 million charge related to the 6th amendment to the Wafer Supply Agreement (WSA) with Global Foundries.

The company’s computing and graphics segment revenues were US$472 million, an increase of 9% sequentially and 11% from the third quarter of 2015. The sequential and year-over-year increases were driven primarily by increased sales of GPUs, offset by decreased sales of client desktop processors and chipsets.

The year-over-year increase was also driven by increased sales of client mobile processors. Operating losses were US$66 million, compared with an operating loss of US$81 million in the second quarter of 2016 and an operating loss of US$181 million in the third quarter of 2015.

The sequential improvement was driven primarily by higher GPU revenues, and the year-over-year improvement was primarily due to higher GPU revenues and the absence of an inventory write-down charges. The client average selling price (ASP) decreased sequentially driven by lower mobile and desktop processor ASPs and was flat year-over-year. The GPU ASP increased sequentially and year-over-year driven by a higher channel and professional graphics ASPs.

Tweet

Categories: Bits + chips IC design, distribution IC manufacturing IT + CE Mobile + telecom Mobile devices PC, CE

Tags: AMD

Innodisk
Intel strategies in the mobile device market
Analysis of China revised domestic semiconductor industry goals
Sponsored links
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

Buy link

  • Register
Taipei, Tuesday, October 25, 2016 22:08 (GMT+8)
thunderstorms
Taipei
29°C

  • Article
  • . (0)
Print Email

AMD reports 3Q16 results
Michael McManus,…

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here