Report: Abu Dhabi's chip unit still in the red
Dylan McGrath, EETimes
5/9/2012 12:09 PM EDT
SAN FRANCISCO—Advanced Technology Investment Co. (ATIC), the semiconductor unit of the Abu Dhabi government's Mubadala investment fund, lost money in each of the last two years and has accumulated a deficit that stood at about $1.12 billion at the end of 2011, according to a report by the Reuters news service that cited a regulatory filing.
In the filing, Mubadala said there can be no assurance that ATIC will be profitable in 2012 or subsequent years, according to the Reuters report.
To read the full article, click here
Related Semiconductor IP
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
- MIPI CSI-2 CSE2 Security Module
- ASIL B Compliant MIPI CSI-2 CSE2 Security Module
Related News
- CEVA, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results
- Synopsys Posts Financial Results for First Quarter Fiscal Year 2023
- Cadence Reports Fourth Quarter and Fiscal Year 2022 Financial Results
- Arteris Announces Financial Results for the Fourth Quarter and Full Year 2022 and Estimated First Quarter and Full Year 2023 Guidance
Latest News
- Arasan Announces immediate availability of its UFS 5.0 Host controller IP
- Bolt Graphics Completes Tape-Out of Test Chip for Its High-Performance Zeus GPU, A Major Milestone in Reducing Computing Costs By 17x
- NEO Semiconductor Demonstrates 3D X-DRAM Proof-of-Concept, Secures Strategic Investment to Advance AI Memory
- M31 Collaborates with TSMC to Achieve Tapeout of eUSB2V2 on N2P Process, Advancing Design IP Ecosystem
- Menta’s eFPGA Technology Adopted by AIST for Cryptography and Hardware Security Programs