AMD receives $683M worth of aid

By on
Germany and the state of Saxony will give Advanced Micro Devices Inc. (AMD) approximately 545 million ($683 million) in grants and allowances toward the construction of its new manufacturing plant in Dresden after the European Commission approved the aid package, AMD said Friday.

The new plant, to be called AMD Fab 36, will be the company's first 300-millimeter facility when volume production commences in 2006 alongside AMD's existing 200 millimeter Dresden facility, said Drew Prairie, an AMD spokesman. By using the larger wafers, AMD can cut more chips from each wafer and reduce the manufacturing cost per chip.

Read more: [URL=]Infoworld[/URL].

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.