追踪SPAxSIOx事情发展 (01/03/2009 SPAxSIOx申请破产保护)

江湖

原帖由 Udon 于 4-2-2009 02:21 PM 发表


应该没有影响吧 ..... 如果没记错的话, AMD就是因为不要被它影响才把它分拆出来成为个别公司的.
AMD的主要业务不是做MEMORY的.

根本就是把全部风险降给子公司, AMD,FUJITSU 算你狠....
可怜SPANSION的股东...这样公司要不得

Udon

原帖由 江湖 于 4-2-2009 03:37 PM 发表
根本就是把全部风险降给子公司, AMD,FUJITSU 算你狠....
可怜SPANSION的股东...这样公司要不得

不过, 另一个角度来看, AMD和FUJITSU的高层有远见 ..... 知道这一个行业竞争大, 利润小, 没有远景 .... 所以事先把它们分拆出来才不会一起全军覆没.
不然你看现在的摩托 ....... 就是被自己的手机业务所拖累.

Mr.Business

６美分的股价代表投资者宣判Spansion死刑。不过如果Spansion死不了，股价从６美分起到1美元就很爽了。


Don't Let SanDisk Burn Through Your Money
By Anders Bylund
February 3, 2009

The computer memory business is brutal. How brutal, you ask? So brutal that SanDisk (Nasdaq: SNDK) can't turn a gross profit anymore. This makes SanDisk a value trap of colossal proportions until further notice.

The production of memory chips, flash cards, and MP3 players cost SanDisk $1.2 billion in the fourth quarter. Total sales stopped at just $864 million. SanDisk ended up in the red before even looking at the cost of operations such as administrative and R&D costs. And then there's another cool billion of goodwill impairment charges and other sweet nothings. It adds up to a GAAP net loss of $8.25 per share, or $1.65 of red pro forma ink. Some of the pain is not repeatable -- SanDisk has zero goodwill left to write off.

The culprit is obvious: Another quarter of horrific oversupply and lacking demand for memory chips gave consumers the cheapest memory they've ever seen but didn't do the chip industry any favors. For further proof, look back at Micron's (NYSE: MU) latest disast- ... er, quarter. Intel (Nasdaq: INTC) and AMD (NYSE: AMD) are working hard to distance themselves from the memory market, handing those operations over to spinouts Numonyx and Spansion (Nasdaq: SPSN), respectively. And I don't blame them one little bit.

With a book value of $13.99 per share, SanDisk may look cheap at less than $9 per share. Don't fall into that value trap, Fool. This industry needs to consolidate a good deal before we can expect any kind of real turnaround in those free-falling product prices.

Whether it'd be Samsung snapping up SanDisk to take advantage of its recognizable MP3 player brand or Toshiba perhaps doing something similar to Micron, somebody needs to pick up the pieces of this broken industry. Maybe Apple (Nasdaq: AAPL) could use a captive supply for the flash chips that go into its iPods and iPhones? That would only count as consolidation if the "House of Jobs" bought more than one memory maker.

Then, the giants left standing can rein in production until the supply-and-demand equation starts to work out. Then, and only then, would I buy a Micron or a SanDisk -- assuming that they still exist as independent businesses.

http://www.fool.com/investing/va ... ugh-your-money.aspx

江湖

AMD跟FUJITSU 当然有远见啦....
只不过SPANSION股东死罢了......

Mr.Business

Infineon就比较失败了，Infineon还握有破产的Qimonda的75％ (大概)的股份。。。

AMD有Spansion的7％股份；FUJITSU有11％。

penangbjboy

现在不只SPANSION情况危急，连霹雳民联都很危急

霹雳民联寻求解散州议会，並进行闪电州选，州务大臣尼查
将觐见苏丹寻求御准，行动党消息及尼查都证实，他们正走向这步。不过，霹雳州消息指出，尼查或被迫辞职，並把政权交给国阵，而已成独立人士的2名公正党州议员正准备与副首相纳吉会合

janen78

全部是紅毛新聞
看不懂

whloh4810

那里的从amd做到spansion的老员工比较可怜，可能vss都没有什么赔。。。当初spansion和amd脱离时。。。那时的账可能还没算完。。。

回复 79# hui_wooi 的帖子
spansion的building就是以前的amd...

[ 本帖最后由 whloh4810 于 4-2-2009 06:16 PM 编辑 ]

Udon

原帖由 江湖 于 4-2-2009 04:06 PM 发表
AMD跟FUJITSU 当然有远见啦....
只不过SPANSION股东死罢了......

有人上天堂 .... 当然也有人下地狱
SPANSION的股东们也算曾经风光过啦 .....

Udon

原帖由 Mr.Business 于 4-2-2009 04:17 PM 发表
Infineon就比较失败了，Infineon还握有破产的Qimonda的75％ (大概)的股份。。。

AMD有Spansion的7％股份；FUJITSU有11％。

但应该不会影响 Infineon 整体的收益吧 ..... 因为是两个不同的帐户.

dreamladies

听说spsn新ceo上任，很年轻的，希望可以帮spsn起死回生。乐观点

Mr.Business

新闻。

Spansion names CEO, but is Micron eyeing firm?
Mark LaPedus
EE Times
(02/04/2009 10:25 AM EST)

SAN JOSE, Calif. -- It's been a wild week for Spansion Inc. The NOR-flash leader Wednesday (Feb. 4) named John Kispert, former president and COO of KLA-Tencor Corp., as its new chief executive and member of the board. He replaces Bertrand Cambou, who stepped down earlier this week.

Now, rumors are running rampant that Micron Technology Inc. is looking at buying Spansion (Sunnyvale, Calif.), sources said. Micron is a major player in NAND flash, DRAM and CMOS image sensors, but it has no presence in NOR.

''Micron could use the manufacturing facilities, IP, and perhaps try to sustain some of the NOR/NROM/EcoRAM markets that Spansion created,'' according to one analyst. Spansion's NOR devices are based on NROM technology. Last year, Spansion rolled out a new class of memory that is said to replace DRAMs in the datacenter, dubbed EcoRAM.

Micron declined to comment. ''It's Micron's policy to not comment on rumor or speculation,'' according to a spokesman for Micron (Boise, Ida.).

Last year, Micron signed a definitive agreement to acquire Qimonda AG's 35.6 percent ownership stake in Taiwan DRAM venture Inotera Memories Inc. for $400 million in cash. For some time, there have been reports that Micron is also interested in buying Qimonda, which has filed insolvency at a Munich court. That deal has yet to happen.

Like Qimonda, Spansion is running out of options amid losses and poor demand. On Jan. 15, Spansion announced it was exploring strategic alternatives for a sale or merger. The company also announced plans to restructure its balance sheet.

Sources indicate that Spansion is mulling bankruptcy fillings. At one time, Toshiba Corp. was looking at Spansion.

The problems reached a boiling point when Cambou resigned. Earlier this week, Boaz Eitan, an executive vice president and member of the board, was named interim president of Spansion.

Kispert, former president and COO of KLA-Tencor, brings operational and financial experience to Spansion. ''As CEO, Kispert expects to intensify Spansion's strategic and restructuring initiatives to build value for the company's stakeholders, leveraging the company's leadership in the flash memory industry,'' according to Spansion.

Where did Spansion go wrong?
Still, the question remains: Where did Spansion go wrong?

''As the leading supplier to a stagnant market, Spansion has been trying to blaze new trails for their NOR technology, developing ORNAND, a cross between NOR and NAND flash, and focusing on using MirrorBit flash as a power-saving replacement for DRAM in servers,'' said Jim Handy, an analyst with Objective Analysis (Los Altos, Calif.).

''It's too early to tell whether this last will be accepted -- that process is likely to take another two years or more since the approach is revolutionary and acceptance will be slow. ORNAND could have done very well in a typical NAND market, one where NAND makers dropped their lower-density product in pursuit of sales of more profitable high-density devices,'' he said.

''The trouble is, there's such a huge NAND glut today that all NAND makers are taking orders for low density parts that they would have otherwise abandoned. It's better to sell an unprofitable part than to leave their fabs idle. This is not the only way that the NAND market's glut has harmed Spansion,'' he said.

''Major NOR makers profit by selling their highest-density parts. These parts are under extreme price pressure since their key market is camera phones, and these designs can be worked to either use a large NOR, or the combination of a small NOR plus a large NAND. Some designs are even converting to NAND alone. Unless the NOR is sold at a very low price, today's cheap NAND is likely to capture the bulk of the design's flash revenues,'' he said.

What will likely happen to Spansion? Bankruptcy is one option.

''Should the company be forced into bankruptcy several alternatives are available, the best of which will be chosen by the bankruptcy arbitrator,'' Handy said.

''One would simply be for the company's debt to be restructured and business would continue as before. The most dramatic opposite stance would be for the company to be liquidated -- all the employees would be furloughed and assets would be sold off. We see neither of these as likely,'' he said. ''This is good news for the company's customers, who, in a liquidation, would be forced to redesign several products to use competitors' parts.''

Is there another option? ''Although an argument can be made for the sale of Spansion's manufacturing capacity since it consists of hard assets, Objective Analysis believes that the asset that is most likely to be sold to the company's advantage would be their intellectual property,'' he said. ''It is quite possible that some licensing agreement will gather Spansion enough cash to see the company through its current difficulties, however any purchaser would be a visionary with the patience to wait a year or two before seeing any revenue stream.''

http://www.eetimes.com/news/semi/showArticle.jhtml;jsessionid=K5IKEBBO2BCB2QSNDLPSKH0CJUNN2JVN?articleID=213001560&pgno=2

Mr.Business

哦，Spansion Japan申请破产保护了。

UPDATE: Spansion Japan Files For Bankruptcy Protection
Dow Jones
February 10, 2009: 12:52 AM ET

(Adds comments from Spansion executive, Spansion Japan and Fujitsu.)

TOKYO -(Dow Jones)- Fujitsu Ltd.'s (6702.TO) affiliated chip production company, Spansion Japan, has filed for bankruptcy protection with Y74.1 billion debt, a Spansion Japan spokesman said Tuesday, underscoring the difficulties facing Japanese chip makers under pressure from slackening demand.

To recover, Spansion Japan is considering several options including a possible sale, the spokesman said, declining to elaborate. The Japanese unit has received no guidelines for recovery from the U.S. parent, he added.

Spansion Japan is a Japanese unit of Spansion Inc. (SPSN), in which Fujitsu holds an 11.4% stake and Advanced Micro Devices Inc. (AMD) owns an 8.7% stake, as of the end of 2008.

Spansion Japan suffered from hefty investment costs in ramping up production capacity as well as research and development spending amid the economic slowdown.

The Sunnyvale, California-based parent said that its Japanese subsidiary voluntarily chose to seek protection from its creditors while it continues its restructuring efforts.

This action doesn't include any of Spansion's other subsidiaries or their operations outside of Japan. The U.S. parent does not expect the filing in Japan to materially affect its global operations.

"We intend for Spansion Japan to continue to operate throughout the restructuring period," said John Kispert, Spansion's president and CEO, in a statement. "Our Japanese operations have sufficient cash on hand to meet their immediate, short-term working capital needs and we plan to maintain our high standards of excellence and our commitments to product quality, safety and outstanding customer service."

Fujitsu's chip unit, which manufactures and sells flash memory chips for Spansion Japan, will continue the business relations, said a spokesman at the Fujitsu parent. But he declined to comment whether it would offer financial support.

While financial results for the Japanese unit are unavailable, the U.S. parent lost $240 million on an operating basis in 2007 on revenue of $2.5 billion, said the spokesman.

http://money.cnn.com/news/newsfe ... 000014_FORTUNE5.htm


Spansion Inc., announced that its Japanese subsidiary, Spansion Japan Ltd., has entered into a proceeding under the Corporate Reorganization Law (Kaisha Kosei Ho) of Japan. Spansion Japan Ltd. voluntarily chose to enter the proceeding to obtain protection from its creditors while it continues its restructuring efforts. This action does not include any of Spansion's other subsidiaries or their operations outside of Japan.

Spansion Inc. does not expect the filing in Japan to materially affect its global operations. Spansion Japan Ltd. will continue its operations and intends to pay, in a timely manner, for all goods and services that it obtains after the date of filing.

"We intend for Spansion Japan to continue to operate throughout the restructuring period," said John Kispert, Spansion's president and CEO. "Our Japanese operations have sufficient cash on hand to meet their immediate, short-term working capital needs and we plan to maintain our high standards of excellence and our commitments to product quality, safety and outstanding customer service."

Spansion Reports Progress on U.S. Restructuring Efforts

Spansion also announced that it is in active discussions with an ad hoc committee representing holders of its $625 million Senior Secured Floating Rate Notes due 2013 about restructuring the company's balance sheet as well as potential strategic transactions.

"We are making progress in our constructive discussions with an ad hoc committee of secured noteholders, to find a mutually beneficial agreement as we seek to resolve Spansion's capital structures," said Kispert, who joined Spansion as its president and CEO last week with the goal of positioning the company to reach sustainable profitability and/or to successfully complete a strategic transaction.

Spansion Japan's entry into the Corporate Reorganization proceeding is an event of default under certain of Spansion Japan's and Spansion LLC's debt instruments.

http://pr-usa.net/index.php?opti ... 70090&Itemid=95

penangbjboy

據台灣新竹科學園區近日統計，新春剛過，園區內休無薪假人數已高達10萬人，佔園區總人數78%，情況相當嚴重。

[ 本帖最后由 penangbjboy 于 10-2-2009 05:16 PM 编辑 ]

江湖

不知会不会一刀砍下来?? 电子业好寒冷呀

Mr.Business

我相信Spansion只是在拖时间而已。

penangbjboy

原帖由 江湖 于 10-2-2009 05:30 PM 发表
不知会不会一刀砍下来?? 电子业好寒冷呀

你都习惯在这寒冷的地方生活了！

江湖

我是寒冷的北极熊．．．　是任何股神都怕的熊．．．　

江湖

你还在这边？你的版块又吵架了...

POET

原帖由 Mr.Business 于 10-2-2009 05:33 PM 发表
我相信Spansion只是在拖时间而已。

去年去interview,要求少过4k,经理说要求太高...然后没有bonus...-profit sharing...那美女manager 说公司没赚过钱...
然后说我狮子开大口不要请我....