AMD To Launch Radon HD 8000 Series GPUs, Sprint Unlikely to Offer More for PCS: Tech Biz Update
It is anticipated that Advanced Micro Devices (NYSE:AMD) will launch its Radon HD 8000 series GPUs in the second quarter of next year as it is currently conducting a business reorganization to improve over its poor third quarter performance, say upstream supply chain sources. The company had first intended to make the intro at the end of the current quarter so as to compete against Nvidia Corporation’s (NASDAQ:NVDA) products. The latter has been gaining traction in China’s discrete graphics card market while AMD’s shares already fell to 30 percent in that market and is now assertively trying to launch the Radeon HD 8000 series to regain its prior momentum.
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Knowledgeable sources say that Sprint Nextel Corporation (NYSE:S) will not likely to make a counteroffer for MetroPCS Communications (NYSE:PCS), instead concentrating upon closing its $20.1 billion transaction with Japan’s Softbank Corp (SFTBF.PK). Sprint had said in mid-October that Softbank would purchase as much as a 70 percent interest in Sprint, but the carrier now believes that its making a bid for MetroPCS, which has already consented to a takeover by Deutsche Telekom AG’s T-Mobile U.S.A., would complicate the current regulatory review of its deal with Softbank, according to the sources.