AMD has sold its mobile unit.

The company AMD has sold its mobile unit of Qualcomm. The latter paid him 65 million dollars. This was reported in the press release AMD.
The agreement between AMD and Qualcomm have been signed on 19 January 2009. The period during which the transaction is completed, are not reported.
Qualcomm plans to use to enhance the development of AMD characteristics of mobile devices in various fields. For example, with two-and three-dimensional graphics, sound. Together with the production staff and a mobile unit to the AMD Qualcomm over all of its design and technology.
Representatives of AMD emphasize that selling mobile unit will focus on the development of the two pillars of its business. This is a development and manufacturing of processors and graphics systems.
Sales of noncore units are part of the return of AMD profitability. In August 2008, AMD sold a unit engaged in digital television, the company Broadcom. The deal amounted to 192.8 million dollars.
In autumn 2008, it was announced on the division of AMD into two companies. One of them will develop and design chips, the second - production of processors. Thus AMD intends to reduce costs and increase market share.