AMD and Samsung Announce Strategic Partnership in Ultra Low Power, High Performance Graphics Technologies
June 03 2019 - 9:15AM
AMD (NASDAQ: AMD) and Samsung Electronics Co., Ltd. today announced
a multi-year strategic partnership in ultra low power, high
performance mobile graphics IP based on AMD Radeon graphics
technologies. As part of the partnership, Samsung will license AMD
graphics IP and will focus on advanced graphics technologies and
solutions that are critical for enhancing innovation across mobile
applications, including smartphones.
“As we prepare for disruptive changes in technology and
discover new opportunities, our partnership with AMD will allow us
to bring groundbreaking graphics products and solutions to market
for tomorrow’s mobile applications," said Inyup Kang, president of
Samsung Electronics’ S.LSI Business. "We look forward to working
with AMD to accelerate innovations in mobile graphics technologies
that will help take future mobile computing to the next
level.”“Adoption of our Radeon graphics technologies across the PC,
game console, cloud and HPC markets has grown significantly and we
are thrilled to now partner with industry leader Samsung to
accelerate graphics innovation in the mobile market,” said Dr. Lisa
Su, AMD president and CEO. “This strategic partnership will extend
the reach of our high-performance Radeon graphics into the mobile
market, significantly expanding the Radeon user base and
development ecosystem.”
Key terms of the partnership include:
- AMD will license custom graphics IP based on the recently
announced, highly-scalable RDNA graphics architecture to Samsung
for use in mobile devices, including smartphones, and other
products that complement AMD product offerings.
- Samsung will pay AMD technology license fees and
royalties.
About AMDFor 50 years AMD has driven innovation
in high-performance computing, graphics and visualization
technologies ― the building blocks for gaming, immersive platforms
and the datacenter. Hundreds of millions of consumers, leading
Fortune 500 businesses and cutting-edge scientific research
facilities around the world rely on AMD technology daily to improve
how they live, work and play. AMD employees around the world are
focused on building great products that push the boundaries of what
is possible. For more information about how AMD is enabling today
and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog,
Facebook and Twitter pages.
About Samsung Electronics Co., Ltd.Samsung
inspires the world and shapes the future with transformative ideas
and technologies. The company is redefining the worlds of TVs,
smartphones, wearable devices, tablets, digital appliances, network
systems, and memory, system LSI, foundry and LED solutions. For the
latest news, please visit the Samsung Newsroom
at http://news.samsung.com.
Cautionary Statement This press release
contains forward-looking statements concerning Advanced Micro
Devices, Inc. (AMD) including the AMD’s expected benefits from its
partnership with Samsung Electronics Co., Ltd. (Samsung); the
integration of AMD Radeon graphics intellectual property into
future Samsung system-on-chip for mobile applications and expected
benefits; and the receipt of licensing fees and royalty payments
AMD expects to receive from Samsung, which are made pursuant to the
Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements are commonly identified by
words such as "would," "intends," "believes," "expects," "may,"
"will," "should," "seeks," "intends," "plans," "pro forma,"
"estimates," "anticipates," or the negative of these words and
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terminology. Investors are cautioned that the forward-looking
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assumptions and expectations, speak only as of the date of this
document and involve risks and uncertainties that could cause
actual results to differ materially from current expectations. Such
statements are subject to certain known and unknown risks and
uncertainties, many of which are difficult to predict and generally
beyond AMD's control, that could cause actual results and other
future events to differ materially from those expressed in, or
implied or projected by, the forward-looking information and
statements. Material factors that could cause actual results to
differ materially from current expectations include, without
limitation, the following: Intel Corporation’s dominance of the
microprocessor market and its aggressive business practices may
limit AMD’s ability to compete effectively; AMD has a wafer supply
agreement with GLOBALFOUNDRIES Inc. (GF) with obligations to
purchase all of its microprocessor and APU product requirements,
and a certain portion of its GPU product requirements, manufactured
at process nodes larger than 7 nanometer from GF with limited
exceptions. If GF is not able to satisfy AMD’s manufacturing
requirements, AMD’s business could be adversely impacted; AMD
relies on third parties to manufacture its products, and if they
are unable to do so on a timely basis in sufficient quantities and
using competitive technologies, AMD’s business could be materially
adversely affected; failure to achieve expected manufacturing
yields for AMD’s products could negatively impact its financial
results; the success of AMD’s business is dependent upon its
ability to introduce products on a timely basis with features and
performance levels that provide value to its customers while
supporting and coinciding with significant industry transitions; if
AMD cannot generate sufficient revenue and operating cash flow or
obtain external financing, it may face a cash shortfall and be
unable to make all of its planned investments in research and
development or other strategic investments; the loss of a
significant customer may have a material adverse effect on AMD;
AMD’s receipt of revenue from its semi-custom SoC products is
dependent upon its technology being designed into third-party
products and the success of those products; global economic and
market uncertainty may adversely impact AMD’s business and
operating results; AMD’s products may be subject to security
vulnerabilities that could have a material adverse effect on AMD;
IT outages, data loss, data breaches and cyber-attacks could
compromise AMD’s intellectual property or other sensitive
information, be costly to remediate and cause significant damage to
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are subject to quarterly and seasonal sales patterns; AMD may not
be able to generate sufficient cash to service its debt obligations
or meet its working capital requirements; AMD has a large amount of
indebtedness which could adversely affect its financial position
and prevent it from implementing its strategy or fulfilling its
contractual obligations; the agreements governing AMD’s notes and
the Secured Revolving Line of Credit impose restrictions on AMD
that may adversely affect AMD’s ability to operate its business;
the markets in which AMD’s products are sold are highly
competitive; AMD’s worldwide operations are subject to political,
legal and economic risks and natural disasters, which could have a
material adverse effect on it; the conversion of the 2.125%
Convertible Senior Notes due 2026 may dilute the ownership interest
of AMD’s existing stockholders, or may otherwise depress the price
of its common stock; uncertainties involving the ordering and
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the demand for AMD’s products depends in part on the market
conditions in the industries into which they are sold. Fluctuations
in demand for AMD’s products or a market decline in any of these
industries could have a material adverse effect on its results of
operations; AMD’s ability to design and introduce new products in a
timely manner is dependent upon third-party intellectual property;
AMD depends on third-party companies for the design, manufacture
and supply of motherboards, software and other computer platform
components to support its business; if AMD loses Microsoft
Corporation’s support for its products or other software vendors do
not design and develop software to run on AMD’s products, its
ability to sell its products could be materially adversely
affected; and AMD’s reliance on third-party distributors and
add-in-board partners subjects it to certain risks. Investors
are urged to review in detail the risks and uncertainties in AMD's
Securities and Exchange Commission filings, including but not
limited to AMD's Quarterly Report on Form 10-Q for the quarter
ended March 30, 2019.
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Samsung ContactsIn-Young
Kiminyoung.k@samsung.com+82-31-8096-4968
Lisa
Warren-Plungylisa.plungy@samsung.com408-544-5377
AMD ContactsDrew
Prairie AMD Communications(512)
602-4425drew.prairie@amd.com
Jason SchmidtAMD Investor
Relations(408) 749-6688 jason.schmidt@amd.com
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