{"id":68038,"date":"2023-07-29T09:22:07","date_gmt":"2023-07-29T07:22:07","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=68038"},"modified":"2023-07-29T09:23:19","modified_gmt":"2023-07-29T07:23:19","slug":"amd-announces-plan-to-invest-approximately-400-million-over-the-next-five-years-to-expand-research-development-and-engineering-operations-in-india","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/68038-amd-announces-plan-to-invest-approximately-400-million-over-the-next-five-years-to-expand-research-development-and-engineering-operations-in-india\/","title":{"rendered":"AMD<\/span> Announces Plan to Invest Approximately $400 Million Over the Next Five Years to Expand Research, Development and Engineering Operations in India"},"content":{"rendered":"

\u2014 Investment expected to create largest AMD<\/span> design center with addition of approximately 3,000 engineering roles and new Bangalore campus opening before end of 2023 \u2014<\/h3>\n

GANDHINAGAR<\/span>, India, July 28, 2023 (GLOBE<\/span> NEWSWIRE<\/span>) \u2014 Semi\u00adcon\u00adIn\u00addia 2023 \u2014 <\/strong>AMD<\/span><\/a> (NASDAQ<\/span>: AMD<\/span>) today announ\u00adced plans for con\u00adtin\u00adued growth in India through an appro\u00adxi\u00adma\u00adte $400M<\/span> invest\u00adment over the next five years. The plan\u00adned invest\u00adment includes a new AMD<\/span> cam\u00adpus in Banga\u00adlo\u00adre, Kar\u00adna\u00adta\u00adka that will ser\u00adve as the company\u2019s lar\u00adgest design cen\u00adter, as well as the addi\u00adti\u00adon of appro\u00adxi\u00adm\u00adate\u00adly 3,000 new engi\u00adnee\u00adring roles by the end of 2028.<\/p>\n

The new AMD<\/span> cam\u00adpus is expec\u00adted to open befo\u00adre the end of 2023 and will fea\u00adture exten\u00adsi\u00adve lab space, sta\u00adte-of-the-art col\u00adla\u00adbo\u00adra\u00adti\u00adon tools and sea\u00adting con\u00adfi\u00adgu\u00adra\u00adti\u00adons desi\u00adgned to fos\u00adter team\u00adwork. The invest\u00adment is sup\u00adport\u00aded by the various poli\u00adcy initia\u00adti\u00adves of the Govern\u00adment of India focu\u00adsed on the semi\u00adcon\u00adduc\u00adtor industry.<\/p>\n

\u201c<\/span>We wel\u00adco\u00adme the AMD<\/span> plan to expand its lea\u00adding-edge R&<\/span>D engi\u00adnee\u00adring ope\u00adra\u00adti\u00adons in India,\u201d said Mr. Ashwi\u00adni Vaish\u00adnaw, Uni\u00adon Cabi\u00adnet Minis\u00adter for Rail\u00adways, Tele\u00adcom\u00admu\u00adni\u00adca\u00adti\u00adons, Elec\u00adtro\u00adnics and Infor\u00adma\u00adti\u00adon Tech\u00adno\u00adlo\u00adgy, Govern\u00adment of India.<\/p>\n

\u201c<\/span>I wel\u00adco\u00adme AMD<\/span>\u2019s decis\u00adi\u00adon to set up its lar\u00adgest R&<\/span>D design cen\u00adter in India and expan\u00adsi\u00adon of the India-AMD part\u00adner\u00adship. It will cer\u00adtain\u00adly play an important role in buil\u00adding a world class semi\u00adcon\u00adduc\u00adtor design and inno\u00adva\u00adti\u00adon eco\u00adsys\u00adtem. It will also pro\u00advi\u00adde tre\u00admen\u00addous oppor\u00adtu\u00adni\u00adties for our lar\u00adge pool of high\u00adly skil\u00adled semi\u00adcon\u00adduc\u00adtor engi\u00adneers and rese\u00adar\u00adchers and will cata\u00adly\u00adse PM<\/span> Naren\u00addra Modi\u2019s visi\u00adon of India beco\u00adming a glo\u00adbal talent hub,\u201d said Mr. Rajeev Chandra\u00adsek\u00adhar, Minis\u00adter of Sta\u00adte for Elec\u00adtro\u00adnics and IT<\/span>, Skill Deve\u00adlo\u00adp\u00adment and Entrepreneurship.<\/p>\n

\u201c<\/span>From a handful of employees in 2001 to more than 6,500 employees today, AMD<\/span> has grown its India foot\u00adprint based on the strong foun\u00adda\u00adti\u00adon estab\u00adlished by our local lea\u00adder\u00adship and the high\u00adly skil\u00adled talent pool,\u201d said Mark Paper\u00admas\u00adter, exe\u00adcu\u00adti\u00adve vice pre\u00adsi\u00addent and chief tech\u00adno\u00adlo\u00adgy offi\u00adcer, AMD<\/span>. \u201cAMD<\/span> has one of the industry\u2019s broa\u00addest pro\u00adduct port\u00adfo\u00adli\u00ados fue\u00adled by growth in arti\u00adfi\u00adci\u00adal intel\u00adli\u00adgence, net\u00adwor\u00adking and 6G<\/span> com\u00admu\u00adni\u00adca\u00adti\u00adons, and our India teams will con\u00adti\u00adnue to play a pivo\u00adtal role in deli\u00adve\u00adring the high-per\u00adfor\u00admance and adap\u00adti\u00adve solu\u00adti\u00adons that sup\u00adport AMD<\/span> cus\u00adto\u00admers world\u00adwi\u00adde. \u201cBy fur\u00adther inves\u00adt\u00ading and expan\u00adding our pre\u00adsence in Banga\u00adlo\u00adre, we are com\u00admit\u00adted to dri\u00adving inno\u00adva\u00adti\u00adon in India to sup\u00adport the India Semi\u00adcon\u00adduc\u00adtor Mission.\u201d<\/p>\n

AMD<\/span> has been an acti\u00adve part of the semi\u00adcon\u00adduc\u00adtor eco\u00adsys\u00adtem in India sin\u00adce 2001 when the company\u2019s first site was estab\u00adlished in New Delhi. The new 500,000-square-foot Banga\u00adlo\u00adre cam\u00adpus will increase the AMD<\/span> office foot\u00adprint to 10 total loca\u00adti\u00adons across the\u00adse cities: Banga\u00adlo\u00adre, Delhi, Gur\u00adgaon, Hyde\u00adr\u00ada\u00adbad and Mumbai.<\/p>\n

Sup\u00adport\u00ading Resources<\/strong><\/p>\n