IBM has announced the integration of Applied Micro Circuits Corporation’s (AMCC) PowerPC 4xx embedded processor product portfolio with its Semiconductor Solutions business.
Under the agreement, both companies will market AMCC’s products in processor markets including datacom/telecom networking, wireless infrastructure, printing/imaging and storage.
‘Expanding our relationship with IBM is a key step to accelerating the growth of our PowerPC 4xx processor business,’ said Daryn Lau, senior vice-president of corporate marketing and strategy at AMCC.
Comment: The UK is closer to deindustrialisation than reindustrialisation
But is VAT to blame? Manufacturers are taxed on the value added to a product, lets say a billet of steel is purchased. They add value by shaping and...