Advanced Micro Devices on Wednesday officially set up a subsidiary in
China to oversee its businesses there.
AMD (China), based in Zhongguancun Science Park in Beijing, will manage the
company's investments in China, including the recently announced AMD
Technologies (China) and operations in Hong Kong. The Sunnyvale, Calif.-based
parent company said it plans to open branch offices in Shanghai and
The new setup in China is expected to boost the chipmaker's research and
development efforts, production and sales there. It will provide Chinese customers with services such
as training, engineering support, systems integration and software development.
AMD recently began offering 64-bit computing to the Chinese market, the company
In April, AMD announced investments worth US$100 million to expand testing and manufacturing
facilities in China.
At the opening ceremony, AMD officials described the Zhongguancun Science
Park as China's Silicon Valley, as it is known for its advanced technology and
innovative ecosystem. The park is home to 1,373 foreign companies or joint
ventures, including branch offices or research and development centers of 55
Fortune 500 companies.