The deal apparently marks an end to AMD's arrangement with United Microelectronics Corp., a Taiwan-based foundry with which AMD was to develop process technology and build a 300-mm fabrication facility in Singapore. Asked about that earlier partnership, an AMD spokesman said the two sides "are amicably winding up their joint development relationship."
Translation, they're both giving each other the finger as they go their seperate ways...
Now you're getting the picture. AMD is leaving a trail of dead agreements in their wake - with DEC, then IBM, then Motorola, then UMC, and now...back to IBM.
This is a desperate act by a desperate company that is in dire financial straights.