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Wednesday, May 13, 2009
Intel fined 1.06 billion Euros
Intel corp. was fined with an record Anti-trust fine amount of $1.45 billion for the illegal rebates and other practices that were used by the company to squeeze its rival AMD.
The EU Executive said that Intel has paid money to the computer makers to postpone or cancel plans to launch products that used AMD chips.
The Order has been passed to Intel to stop its illegal activity.
Intel disagreed to this issue and has taken steps to appeal further on this fine.
Any how the AMD will not be benefited to the max by this action, since there are many issues within AMD. IT was a week ago when AMD(Advanced Micro Devices) Microprocessor and Graphics chip businesses were merged.
Also the Barcelona chip was delayed due to an technical defect in it.
So these issues make AMD still more struggling and the new innovations cannot be expected from AMD as it is in lack of resources.
Lets see what happens next!!!
Cheers!!!
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