AMD Expands Microprocessor R&D with Engineering Center in Bangalore, India
- AMD India Engineering Design Centre to collaborate on next-generation microprocessor design -
BANGALORE, India, April 22, 2004 - As part of its expanding microprocessor design program, AMD (NYSE: AMD) announced today it is opening an engineering design center in Bangalore. The AMD India Engineering Centre Private Limited, which is expected to open in July, will contribute to the design of future generations of AMD microprocessors. The standalone facility will occupy approximately 38,000 square-feet and will be located in the central business district of Bangalore. AMD is expected to hire 40 employees at the site this year, and by the end of 2005 expects the design center will house up to 120 experienced chip design and development engineers. Engineers at the design center will work closely with AMD's engineering teams in the U.S. and will help define future microprocessor designs focused on meeting the evolving user needs in India and other high-growth markets.
"The AMD India Engineering Centre enhances our commitment to customer-centric innovation by establishing a strong presence in the emerging markets of Southeast Asia," said Ajay Marathe, corporate vice president, IT, Global Supply Management and president of AMD India. "India, and Bangalore with its well-developed ecosystem for the design of advanced semiconductor products, is a critical technology nexus in this region. We have aggressive goals to enhance our leading-edge 64-bit microprocessor offerings and bring advanced technologies to the largest number of customers around the world."
"We are expanding engineering operations at all of our design locations," said Randy Allen, vice president of engineering for AMD's Computation Products Group. "The combination of outstanding engineering talent and cost advantages make Bangalore an optimal place to locate a new design facility. We are working to bring the center online and up-to-speed quickly, and expect that our India engineering team will work in conjunction with our U.S. teams to produce future generations of AMD microprocessors that deliver real-world benefits to our customers and end-users."
The engineering center also will support AMD's emerging markets business development efforts through system-level design work carried out in conjunction with AMD's global engineering teams.
AMD plans to invest approximately US$5 million over the next three years to establish the center and ramp up operations. The AMD India Engineering Centre Private Limited is a wholly owned subsidiary of Advanced Micro Devices, Inc. As a certified Software Technology Park of India facility, AMD is expected to benefit from government incentives, including exemptions from certain income and sales taxes and exemptions from import customs duty and taxes on capital goods.
AMD (NYSE:AMD) designs and produces microprocessors, Flash memory devices and low-power processor solutions for the computer, communications and consumer electronics industries. AMD is dedicated to helping its customers deliver standards-based, customer-focused solutions for technology users, ranging from enterprises to government agencies and individual consumers. Founded in 1969, AMD is a Standard & Poor's 500 company with global operations and manufacturing facilities in the United States, Europe, Japan and Asia. For more information, visit www.amd.com.
AMD, the AMD Arrow logo and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other company and product names used in this publication are for identification purposes only and may be trademarks of their respective companies.