... still far behind its archrival Intel. AMD managed to erode Intel's dominance of the market only to see Intel strike back with steep price cuts and faster introduction of new models. AMD is also a top maker of flash memory chips, embedded processors, and other chips for communications and networking applications. AMD has experienced recent set backs due to design flaws and other manufacturing problems, including lack of production capacity. After a stellar year in 2000, the company announced job layoffs and plant closings in 2001. In 2003, AMD announced forming a new company, FASL, with long-time joint-venture partner Fujitsu to pool the two chip makers' flash memory operations. This new venture stands to be the world's #2 maker of flash devices when in begins operations in the end of 2003. Income Statement Analysis Intel's Income Statement for the past five years shows fairly consistent amounts that stay constant over the period. ...

See this essay or coursework document in full right now