AMD expanding facilites in China

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Advanced Micro Devices, yesterday, announced plans for a new test, mark and package (TMP) facility in China. The microprocessor TMP facility will be located in China?s Suzhou Industrial Park, adjacent to FASL (Suzhou) Limited, an existing Flash memory TMP facility established by AMD in 1995. The new facility, which will occupy approximately 11,000 square meters, is expected to be in operation and volume production in the fourth quarter of this year. The TMP facility has an approved total investment of US $100 million. Over the next several years, approximately 300 employees are expected to be hired locally to staff the facility. Read the full report here