Advanced Micro Devices (AMD) the
second-largest chip maker in the world, has reported a $396m (£193m) loss for
its third financial quarter of the year - the firm's fourth consecutive
quarterly loss.
But the company has seen a rise in unit sales of AMD microprocessors,
particularly for notebook computers. - up 68 per cent from the previous year.
AMD has been struggling to break even after hefty competition with larger
rival Intel.
But the company is encouraged by its progress, said chief financial officer
Bob Rivet.
"We delivered a strong revenue increase and reduced our operating loss by
more than half," he said.
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