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AMD Repudiate Layoff Speculation states, “Minor Streamlining and Restructuring

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Mainland China is not in proper management at sketching an idea to establish its existence to its formidable opponents. The Economic News Agency has said that the U.S. government has rigidified its restrictions on exporting Chinese computer chips.

There is vast speculation rounding up in the market that these unorganized or yet-to-draw chain regulations have led to numerous job cuts at Advanced Micro Devices (AMD), a giant chip manufacturer based in China, specifically
in Chinese operations.

It is expected that the Shanghai Research and Development (R&D) Center will be able to experience a workforce reduction of approximately 10% to 15%, hitting hard around 300 to 450 employees. In addition, rounding off the impacted areas, the Radeon series graphics card technology department (RTG) seems to be the subjugation that moved severely due to the lack of fact that chip makers are the most restricted or dynamic industry.

A famous Chinese media publication quoted AMD’s statement and put it into question, highlighting that the chip maker made a slight improvement and restructured its work setup to blow off the strategic plans. Moreover, to be dexterous in a quick turn to market systems, AMD’s critical plans in China will remain to continue recruiting.

AMD stepped into the realm of the Chinese market in 1993. The company made itself a proper answer as it had established the AMD Greater China headquarters in Beijing by 2004. By 2006, the company had already inaugurated an R&D center in Shanghai, its largest R&D center outside the United States. This center’s potential encompasses the development of all AMD CPU, APU, and GPU product lines, providing out-and-out services.

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