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Home › IBM dumps chip unit, pays GlobalFoundries $1.5 billion to take the business off its hands

 

IBM dumps chip unit, pays GlobalFoundries $1.5 billion to take the business off its hands

2014-10-20 12:57:00| Extremetech

It's the end of an era -- IBM is paying GlobalFoundries to take over its chip manufacturing and exiting that business altogether. The company will continue to sell and presumably design Power chips in partnership with GlobalFoundries.

Tags: business unit pays hands

Category:Information Technology

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