AMD 1994 Annual Report Download - page 395
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Please find page 395 of the 1994 AMD annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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effective January 1, 1996. (4) AMD agreed to pay Intel $58 million in settlement
of claims for past damages related to AMD's distribution of Am486
microprocessors containing Intel's 486 ICE microcode. As ordered in a 1992
arbitration between the companies, Intel will pay AMD approximately $18 million
in damages (which includes interest) awarded by the arbitrator for breach of
contract and will not contest certain rights granted AMD in the arbitration. The
company recorded both the ICE case damages and the arbitration award in 1994.
(5) Intel and AMD will drop all cases against each other, including appeals,
currently
ADVANCED MICRO DEVICES, INC. 7
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995