AMD licenses technology to SemIndia

Posted on Thursday, December 01 2005 @ 8:53 CET by Thomas De Maesschalck
SemIndia has agreed to invest $3 billion in an Indian wafer fab that will use technology licensed from AMD to make chips.
An agreement signed between the two companies Wednesday (Nov. 30) covers manufacturing and technology licensing and business development based on x86 processor intellectual property from AMD. A memorandum of understanding was signed in New Delhi by Hector Ruiz, chairman, president and chief executive officer, of AMD (Sunnyvale, Calif.) and Vinod K. Agarwal, chairman, SemIndia in the presence of Dayanidhi Maran, federal minister for communications and information technology.
Read more about the deal over here.

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