Type: Public
On the web: http://www.spansion.com
Employees: 3,400
Employee growth: 0.0%

Spansion favors flash expansion. The company was formed as a joint venture between Advanced Micro Devices and Fujitsu to make and market flash memory devices. The two chip heavyweights created the company as an outgrowth of their decade-long collaboration in nonvolatile memory. Flash memory is used in a wide variety of electronic devices, including wireless phones, networking equipment, and automotive subsystems. Spansion also provides hardware development tools and production manufacturing support. The unprofitable company is taking a number of cost-cutting measures to improve its results. Spansion emerged from Chapter 11 bankruptcy protection in 2010.

Key numbers for fiscal year ending December, 2010:
Sales: $1,168.3M
One year growth: (17.2%)
Net income: $266.9M

Officers:
President, CEO, and Director: John H. Kispert
EVP and CFO: Randy W. Furr
CTO: Ali Pourkeramati

Competitors:
Macronix International
Micron Technology
Samsung Electronics

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