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AMD injects US$300m more in Suzhou plant
By Zhu Shenshen |
November 8, 2010, Monday
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Online Edition
Online Edition
ADVANCED Micro Devices Inc announced today to expand its Suzhou chip test and assembly plant to double its output capacity. This latest move for foreign chip makers to expand in China is fueled by high demand for mobile phones, computers and laptops, industry insiders said.
AMD's expansion investment reached US$300 million, tripled its original investment of US$100 in the Suzhou plant, which opened in 2005, Shanghai Daily learned from sources.
AMD, the world's second biggest computer chip maker, is scheduled to complete the first phase of the plant expansion by December next year. It will make the plant in the Suzhou Industrial Park to combine chip assembly, testing and packaging for CPU (central processing units), GPU (graphic processing units) and APU (accelerated processing units).
"It marks a key milestone in AMD's commitment to supporting the growth of the IT industry in China," said Robert Rivet, AMD's executive vice president and chief operations and administrative officer. "The growth of the Chinese marketplace and its impact on the global economy is truly impressive."
At present, China is AMD's second biggest global market. AMD has three chip and assembly plants in the world -- in Malaysia, Singapore and Suzhou.
AMD's expansion investment reached US$300 million, tripled its original investment of US$100 in the Suzhou plant, which opened in 2005, Shanghai Daily learned from sources.
AMD, the world's second biggest computer chip maker, is scheduled to complete the first phase of the plant expansion by December next year. It will make the plant in the Suzhou Industrial Park to combine chip assembly, testing and packaging for CPU (central processing units), GPU (graphic processing units) and APU (accelerated processing units).
"It marks a key milestone in AMD's commitment to supporting the growth of the IT industry in China," said Robert Rivet, AMD's executive vice president and chief operations and administrative officer. "The growth of the Chinese marketplace and its impact on the global economy is truly impressive."
At present, China is AMD's second biggest global market. AMD has three chip and assembly plants in the world -- in Malaysia, Singapore and Suzhou.
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