Advanced Micro Devices, Inc. (NYSE:AMD) Signs Global Distribution Contract With Symmetry Electronics

Advanced Micro Devices

A semiconductor firm, Advanced Micro Devices, Inc. (NYSE:AMD) took a competitive step on Wednesday, it declared a new worldwide distribution contract with Symmetry Electronics, a distribution leader in the implanted market that includes digital signage, industrial control, automotive, manufacturing, and machine-to-machine technologies.

According to declaration, Symmetry Electronics will instantly start to promote, sells, and prop up the full line of AMD embedded products containing the latest product line up of AMD Embedded R-Series APUs (Accelerated Processing Units). This novel development highlights AMD’s promise to escalating its existence and infiltration in the embedded market, exclusively around the need for high-performance, low-power graphics solutions.

AMD (NYSE:AMD)’s vice president of Embedded Solutions, Arun Iyengar stated that they are very glad to be teaming up with Symmetry Electronics for the distribution of their full line of embedded solutions.

He added that Symmetry Electronics entirely appreciates the performance benefits and sole characteristics of AMD’s embedded APUs and graphics processors. Companies mutually committed to as long as customers with products that are high-performance, consume low-power and support embedded life cycles, all as contribution a comprehensive level of support to enable customers to rapidly design and amalgamate differentiated products while plummeting time-to-market.

CEO of  Symmetry Electronics,Gil Zaharoni stated that their consumers have a range of needs requiring a vigorous and distinguished product portfolio.AMD has an extensive past of developing innovative technology. As well as the adding up of its industry-leading embedded APUs and GPUs to their lineup strengthens their position and allocates them to improved meet the specific needs of their customers.

Last Session Performance; Advanced Micro Devices, Inc. (NYSE:AMD) is categorize in Technology sector and Semiconductor-Broad Line industry element closed at $1.96 by soaring 4.26% or 0.08 cent with traded volume of 27.47 million against the average volume of 31.50 million in last trading session.

Stocks Volatility: The stock price week’s volatility was recorded 4.41% and month’s volatility was 4.99%. At the same time as the stock price of AMD’s simple moving average of 20 days plunged -1.81% and isolated pessimistically from 50 days moving average with -25.75%.

Analytic Ratios; The price to sales ratio of AMD in past twelve months was calculated 0.23 and price to cash ratio remained 1.07. As for returns rations are concerned,  AMD return on equity ratio was recorded as -64.62% and an increased of -27.43% return on investment while its return on asset remain -17.93%.

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