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The Week in Germany: Business and Technology

October 20, 2006

Chancellor Angela Merkel was guest of honor at a ceremony marking the tenth anniversary of AMD's presence in Dresden. The US chip producer is a major investor in eastern Germany.

Merkel at AMD
Photo: REGIERUNGonline/Bergmann

Merkel praised AMD's record in Saxony, saying the company has long since established itself as a quality semiconductor manufacturer in Dresden. She underscored the fact that AMD has created 3,000 jobs for highly skilled workers and that it can be proud of what it has achieved.

Important employer

AMD's presence in Dresden has been a major success story. The company began hiring in 1996. Ten years later, in August 2006, it welcomed its 3,000th employee on board.

AMD is expanding its manufacturing capacity in Dresden so that the number of jobs it provides is going to continue to increase.

Innovative microprocessors

Commenting on the company's track record in Saxony's capital city, president and CEO Hector Ruiz noted that "AMD's success is based in large measure on our ability to mass produce innovative microprocessor products."

AMD's presence in Dresden has helped to make the region a leading center of microelectronics manufacturing in Europe.

AMD stands for Advanced Micro Devices, Inc. Founded in 1969, the company has become one of the world's leading manufacturers of microprocessors with development and production sites in the United States, Asia, and Europe.

AMD has two semiconductor plants and a design center in Dresden. As of the end of 2005 it had invested around 4 billion dollars there. With the planned expansion of production capacities announced in May the company's overall investment in Dresden is set to increase to 8 billion dollars.

AMD currently has a workforce of more than 3,000 at its Dresden sites, producing processor families for desktop and mobile applications as well as for servers and workstations.

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