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Atmel closes sale of smartcard business

10/1/2010 09:49 AM EDT
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resistion
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re: Atmel closes sale of smartcard business
resistion   10/3/2010 2:05:47 AM
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It's not a good sign, companies that have to focus are those who cannot afford resources. Diversification is the sign of healthy funds.

KB3001
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re: Atmel closes sale of smartcard business
KB3001   10/2/2010 9:47:05 PM
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I think so too. Atmel has been spreading itself too thin for sometime now.

wave.forest
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re: Atmel closes sale of smartcard business
wave.forest   10/2/2010 4:15:37 PM
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Smart card biz is always strong but smart card IC is terrible. No gross margin for such complicated chips.

daleste
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re: Atmel closes sale of smartcard business
daleste   10/1/2010 9:34:17 PM
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I remember smart cards being all the rage 10 years ago. Like phoenixdave said, still nothing in the US. Is it strong in Europe or Asia? I'm not hearing it.

Silicon_Smith
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re: Atmel closes sale of smartcard business
Silicon_Smith   10/1/2010 6:09:23 PM
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I think the decision has more to do with getting lean and more focussed. Dont feel it reflects on the viability of smart card business.

phoenixdave
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re: Atmel closes sale of smartcard business
phoenixdave   10/1/2010 5:23:57 PM
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@kinnar - Good question, I was wondering that too. I would have thought that Smartcard business would still be strong, but the US market has always lagged in this technology. It would be interesting to see what the global market signs are for the Smartcard. Maybe we are starting to see some impact from the apps available on the smart phone? I know there are apps that will allow you to access your bank accounts, pay bills, buy products, etc.

Kinnar
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re: Atmel closes sale of smartcard business
Kinnar   10/1/2010 11:04:35 AM
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Is it the correct reason for selling the foundry and smart card business by Atmel, or the Smart Card Business is not having potential these days?

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