Thursday, April 22, 2004
AMD plans to set up a design center in Bangalore by July, officials said. The company plans to hire 120 engineers in the southern Indian city by the end of next year and ensures no engineers in the United States or elsewhere will lose jobs.
AMD said engineers in India will likely work with U.S. teams on the company's new technology initiatives, including the sophisticated 64-bit computer chips. The company plans to spend $5 million over three years in creating the center.
AMD's bigger rival, Intel Corp., have already moved part of their design work to India. Intel says it is increasing its staff strength to 3,000 from about 2,000 and investing $100 million within a year in its Bangalore center.
By: DocMemory
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