Advanced Micro Devices (AMD)

Type
Business expansion
Country
Germany
Region
Sachsen; Dresden; Dresden, Kreisfreie Stadt
Location of affected unit(s)
Dresden
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
565 jobs
Number of planned job creations
Job creation
Announcement Date
19 July 2007
Employment effect (start)
Foreseen end date

Description

The US manufacturer of semi-conductors Advanced Micro Devices (AMD) operates a plant that produces chips in Dresden in Saxony. The German government had planned to subsidise the extension of this plant. On 19 July 2007, Neelie Kroes in her position as European Commissioner of Competition approved of AMD’s and the German Federal Government’s investment plan. The extension of the plant will lead to the creation of 565 new jobs in Dresden.

Sources

  • 19 July 2007: Financial Times Deutschland

Citation

Eurofound (2007), Advanced Micro Devices (AMD), Business expansion in Germany, factsheet number 65625, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65625.