First AMD and now Spansion. Will there be more layoffs announced? Interesting when at least in the local (Silicon Valley), news there have been recent articles about having a lower unemployment rate than the rest of the state.
There does seem to be a lot of down sizing in the industry right now. Consolidating their production facilities tells me that they don't have enough product being manufactured to keep them both busy. Not a good direction for the company.
I would have to speculate that the market is going to NAND. For applications of code storage, I am not sure that this is a prudent direction. NOR is much higher quality flash and better suited towards code storage.
Hang in there Spansion!
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.