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AMD denies Foundry Co will set up chip shop in China

No Chinese chip take aways, thank you
Thu Dec 11 2008, 12:38

AMD HAS DENIED whisperings about its spin-off manufacturing arm, the newly founded Foundry Co., poking about behind the bamboo curtain and seeking to set up new chip fabs in China.

Rumours had been rife since the signing of a memorandum of understanding (MOU) between AMD and the Chinese Shandong government earlier this year linked to cooperation on chip development, technology exchange and education.

Further fuel was added to the conjectural flames after rumours cropped up claiming execs from Daamit FC had recently gone to Shandong looking to poach new local partners, cooperate with local players for foundry services or even build its own fab in the Middle Kingdom.

But according to AMD, it's lies, all lies. Or at least all unsubstantiated conjecture.

The Foundry Co's Head of Communications told the INQUIRER "Our focus at The Foundry Company (after we close the transaction) will be on completing our 300mm expansion in Dresden and breaking ground on our new facility in Upstate NY".

He added that the Chinese whispers we put to him were simply that; whispers, consisting of nothing but "rumor and speculation". µ

 

 

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