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AMD OPENS NEW TEST, MARK AND PACK MANUFACTURING FACILITY IN SUZHOU, CHINA.
(Full text of statement. Contact details below.)
SUZHOU, China--(BUSINESS WIRE)--March 1, 2005--AMD (NYSE:AMD) today officially opened its new microprocessor test, mark and pack (TMP) facility in Suzhou Industrial Park, China. The new facility, which began rolling out products last December, occupies 11,000 square meters and is located adjacent to Spansion (China) Limited's existing Flash memory assembly and TMP building.
AMD has committed to investing a total of US $33.4 million in the TMP facility through 2009 and has received approval from the Chinese government for a total investment of up to US $100 million. AMD also plans to hire approximately 300 new employees to staff the facility during the next few years.
"Suzhou holds a unique position as one of the key IT manufacturing centers in China and is a key focal point for our global operations," said AMD Chairman, President and CEO, Hector Ruiz. "With software and silicon driving the modern economy, information technology is providing the foundation for China's ability to remain one of the world's brightest lights. At AMD, we are committed to helping China grow in this way."
"We are pleased to see more Fortune 500 companies such as AMD settle, and make repeated investment, in Suzhou Industrial Park," said Yang Jiang Zhong, vice chairman of SIPAC (Suzhou Industrial Park Administration Committee). "There is an old saying that the Phoenix will come to settle when you plant phoenix trees. Our effort to improve the investment environment here is paying off, as we witnessed today with the opening of AMD's second TMP facility."
"With our new TMP plant now online, a growing number of partners and customers in China will have greater access to AMD's leading technology solutions," said Karen Guo, corporate vice president and president of AMD Greater China. "I'm proud to say that in less than six months, we were able to go from construction to complete equipment move-in and pilot operation. This incredible accomplishment was made possible only through the hard work and dedication of AMD's highly skilled employees in Suzhou and our partners, all of whom worked tirelessly to bring this facility online as rapidly as possible."
The new TMP facility will ...
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Source: HighBeam Research, AMD OPENS NEW TEST, MARK AND PACK MANUFACTURING FACILITY IN SUZHOU,...