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AMD, Lucent get cozy

Advanced Micro Devices announced Tuesday a three-year agreement to supply Lucent Technologies with a significant portion of Lucent's flash requirements for its wireless, optical and data networking products. Long-term supply contracts are increasingly becoming the norm in the industry following a debilitating shortage of flash memory and other components in early 2000. AMD has signed similar agreements with Palm and Siemens.

Advanced Micro Devices announced Tuesday a three-year agreement to supply Lucent Technologies with a significant portion of Lucent's flash requirements for its wireless, optical and data networking products. Long-term supply contracts are increasingly becoming the norm in the industry following a debilitating shortage of flash memory and other components in early 2000. AMD has signed similar agreements with Palm and Siemens.