IBM Looking To Sell Its Semiconductor Business
jfruh writes "Having already gotten out of the low-end server market, IBM appears to be trying to get out of the chip business as well. The company currently manufactures Power Architecture chips for its own use and for other customers. Big Blue wants to sell off its manufacturing operations, but will continue to design its own chips."
Kind of like watching fingers fall off of a leper, isn't it?
American Third Position
Finally, a real choice!
IBM stands for International Business Machines.
Actually, for the employees, IBM also stood for "I've Been Moved", as in, "transferred".
Now I guess they have changed that to "IBS", as in, "I've Been Sold".
Schroedinger's Brexit: The UK is both in and out of the EU at the same time!
01 Apr 2014: IBM (NYSE:IBM) International Business Machines Corporation (IBM) has changed back to it's original name, Computing-Tabulating-Recording Company (CTR) and will be selling off all post 1930 technology units to focus on it's core business of dial recorders, electric tabulating machines and time clocks.
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Sell all your product lines in order to raise profits to the maximum?