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AMD Looks To Expand In Asia

SINGAPORE — Advanced Micro Devices Inc. plans to boost investment in Asia and may open a new fab here soon, AMD President and CEO Hector Ruiz said here Tuesday (Dec. 6).

Ruiz said the company was expecting revenues to rise over 35 percent in 2005 as it captures more market share from rival Intel, up from 28 percent last year.

He said AMD would "continue expanding" in Singapore, where it runs a test and design facility, and where it has plans to outsource some of its assembly, adding to a regional presence that also includes assembly operations in Malaysia and a test, mark and pack plant in Suzhou, China.

AMD also intends to "aggressively" ramp up its partnership with Singapore-based foundry Chartered Semiconductor, Ruiz said.

Though all the company's fabs are currently located in Dresden, Germany, Ruiz said AMD was actively evaluating other locations for a new factory. "We believe we have to start building another factory in 2006, and are seriously considering many options," Ruiz said.

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