AMD 2004 Annual Report Download - page 6

Table of Contents
PART I
ITEM 1. BUSINESS
Cautionary Statement Regarding Forward-Looking Statements
The statements in this report include forward-looking statements. These forward-looking statements are based on current expectations and beliefs and
involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. These forward-looking statements should not be
relied upon as predictions of future events as we cannot assure you that the events or circumstances reflected in these statements will be achieved or will occur.
You can identify forward-looking statements by the use of forward-looking terminology including “believes,” “expects,” “may,” “will,” “should,” “seeks,”
“intends,” “plans,” “pro forma,” “estimates,” or “anticipates” or the negative of these words and phrases or other variations of these words and phrases or
comparable terminology. The forward-looking statements relate to, among other things: our sales, operating results and anticipated cash flows; capital
expenditures; depreciation and amortization expenses; research and development expenses; marketing, general and administrative expenses; the development
and timing of the introduction of new products and technologies, including our dual-core microprocessors, AMD Turion ™ 64 microprocessors, ORNAND
architecture and QuadBit technology; customer and market acceptance of our AMD Opteron ™, AMD Athlon™ 64, AMD Turion 64 and AMD Sempron ™
microprocessors; customer and market acceptance of Spansion™ Flash memory products based on MirrorBit™ and floating gate technology, including the
ORNAND architecture; our ability to remain competitive and maintain or increase our market position; our ability to maintain and develop key relationships
with our existing and new customers; the ability to produce our microprocessor and Flash memory products in the volumes and mix required by the market; our
ability to maintain the level of investment in research and development and capacity that is required to remain competitive; our ability to transition to advanced
manufacturing process technologies in a timely and effective way; our ability to achieve cost reductions in the amounts and in the timeframes anticipated; the
process technology transitions in our wafer fabrication facilities; and our ability to gain market share in high-growth global markets such as China, Latin
America, India and Eastern Europe.
For a discussion of the factors that could cause actual results to differ materially from the forward-looking statements, see the “Financial Condition” and
“Risk Factors” sections set forth in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” beginning on page 20 below
and such other risks and uncertainties as set forth below in this report or detailed in our other Securities and Exchange Commission reports and filings. We
assume no obligation to update forward-looking statements.
General
We are a leading semiconductor company with manufacturing facilities in the United States, Europe and Asia, and sales offices throughout the world. We
design, manufacture and market industry-standard digital integrated circuits, or ICs, that are used in diverse product applications such as desktop and mobile
personal computers, or PCs, workstations, servers, communications equipment such as mobile telephones, and automotive and consumer electronics. Our
products consist primarily of microprocessors and Flash memory devices. In addition, we offer embedded microprocessors for personal connectivity devices and
specific consumer markets.
Additional Information
We were incorporated under the laws of Delaware on May 1, 1969. Our mailing address and executive offices are located at One AMD Place, Sunnyvale,
California 94088, and our telephone number is [phone]. References in this report to “AMD,” “we,” “us,” “our,” or the “Company” shall mean Advanced
Micro Devices, Inc. and our consolidated subsidiaries, including Spansion LLC and its subsidiaries, unless the context indicates otherwise.
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Source: ADVANCED MICRO DEVIC, 10-K, March 01, 2005