Chipmaker AMD has reported a fourth-quarter loss of US$30 million, driven largely by setbacks in its flash memory business, executives at the company said.
Overall, AMD lost eight US cents per share, compared with a profit of 12 US cents per share for the same period a year earlier.
The company posted revenue of US$1.26 billion, on target with analyst expectations.
Robert Rivet, AMD's chief financial officer, said several factors contributed to the company's weak fourth quarter.
"Memory group sales were weaker than expected due to an aggressive pricing environment. [There were also] significantly lower sales in Japan and a delay in qualifying a new product in the wireless segment," Rivet said in a prepared statement.
Despite the loss, the company's processor business remained a bright spot.
AMD said its Computation Products Group showed a nine percent increase in sales, and its chip sales during the period were a record, driven by higher server and mobile sales.
Sales of AMD's 64-bit processor products reached 50 percent of its total chip sales during the fourth quarter, the company said.
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