Ibm Pays $1.5bn To Offload Chip Unit

Discussion in 'News and Article Comments' started by Newswire, Oct 21, 2014.

  1. Newswire

    Newswire Geek Trainee

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    IBM is paying $1.5bn to offload its loss-making chip manufacturing division to Abu Dhabi owned GlobalFoundries as it announces a 17% profits fall.

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