AMD today announced it has established AMD (China) Co., Ltd., and co-hosted an inaugural ceremony with officials from the Zhongguancun Science Park in Beijing, where the company will be headquartered.
AMD (China) Co., Ltd. is registered as a foreign-invested holding company, managing all AMD investments in China and enabling it to conduct an increased scope of business operations in the country. As part of its business strategy, the company intends to register branch offices in Shanghai and Shenzhen, oversee subsidiaries such as the recently announced AMD Technologies (China) Co., Ltd, in Suzhou, and it will also oversee AMD's Hong Kong operations.
Government officials from the Beijing municipal government, China Ministry of Science and Technology, Zhongguancun Science Park and other agencies attended the ceremony together with Karen Guo, corporate vice president of AMD, and president and general manager of AMD (China), Co. Ltd., and Iain Morris, group vice president of AMD's Personal Connectivity Solutions Group (PCSG).
With the establishment of AMD (China) Co. Ltd., AMD plans to increase its local research and development (R&D) and support operations, as well as production and sales. AMD China intends to provide customers with a full complement of training and services, an engineering support lab, systems integration and software development.