Newly minted Advanced Micro Devices CEO Rory Read faces a challenge in turning around the company's mobile strategy to wage a competitive battle against rivals Intel and ARM. AMD on Thursday said it hired Lenovo executive Read as the new CEO after an exhaustive search that started in January. Read previously was the president and chief operating officer at Lenovo where he helped transform the company into the world's third-largest PC maker.
Source: http://www.infoworld.com/d/the-industry-standard/new-amd-ceo-faces-challenges-in-mobile-170897
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