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Spansion Inc. is a joint-venture between AMD and Fujitsu
Fujitsu

is a Japanese company specializing in semiconductors, air conditioners, computers , telecommunications, and Service , and is headquartered in Minato, Tokyo, Tokyo....
 that trades on NASDAQ
NASDAQ

The NASDAQ is an United States stock exchange. It is the largest Electronic trading screen-based Stock trading market in the United States....
 under the symbol SPSN. Spansion is the largest company exclusively focused on Flash memory
Flash memory

Flash memory is a non-volatile memory computer storage that can be electrically erased and reprogrammed. It is a technology that is primarily used in memory cards and USB flash drives for general storage and transfer of data between computers and other digital products....
 products. Spansion has 8,400 employees and is headquartered in Sunnyvale, California.

History
Spansion was founded in 1993 as a joint venture between AMD and Japan's Fujitsu Ltd. AMD took control of the company in 2003 and spun it off as an independent maker of flash memory chips in December 2005.






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Spansion Inc. is a joint-venture between AMD and Fujitsu
Fujitsu

is a Japanese company specializing in semiconductors, air conditioners, computers , telecommunications, and Service , and is headquartered in Minato, Tokyo, Tokyo....
 that trades on NASDAQ
NASDAQ

The NASDAQ is an United States stock exchange. It is the largest Electronic trading screen-based Stock trading market in the United States....
 under the symbol SPSN. Spansion is the largest company exclusively focused on Flash memory
Flash memory

Flash memory is a non-volatile memory computer storage that can be electrically erased and reprogrammed. It is a technology that is primarily used in memory cards and USB flash drives for general storage and transfer of data between computers and other digital products....
 products. Spansion has 8,400 employees and is headquartered in Sunnyvale, California.

History


Spansion was founded in 1993 as a joint venture between AMD and Japan's Fujitsu Ltd. AMD took control of the company in 2003 and spun it off as an independent maker of flash memory chips in December 2005. Since the spinoff, the company has not made a profit. The company has consistently lost money since it went public and lost $133 million in the third quarter of 2008, the most recent period for which it has disclosed financial data. On February 23, 2009 the company laid off 3,000 employees without severance pay, while CEO John Kispert was given a bonus of $1.8 million and managers received a 10% pay raise. The company filed for Chapter 11 bankruptcy
Chapter 11, Title 11, United States Code

Chapter 11 is a chapter of the United States Bankruptcy in the United States, which permits reorganization under the bankruptcy laws of the United States....
 on March 1, 2009 amidst an outcry by laid-off workers.

Manufacturing


Japan

Spansion launched SP1, its first production 300mm factory, in Aizu-Wakamatsu, Japan. Along with SP1 an additional 200mm factory, called JV3, (Joint Venture-left over from the Fujitsu merger) is also in Aizu-Wakamatsu.

United States

  • Austin, Texas
    Austin, Texas

    Austin is the capital of the U.S. state of Texas and the county seat of Travis County, Texas. Situated in Central Texas and part of the Southwestern United States, it is the fourth-largest city in Texas and the 16th-largest in the United States....
     - one of Spansion’s 200mm manufacturing facilities is Fab 25.


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