AMD Expands In Malaysia With New Global Services Centre

CYBERJAYA, March 1 (Bernama) -- AMD has expanded its footprint in Malaysia with the inauguration of new Global Services Centre in Cyberjaya, the first and only global services centre for AMD, and the company's third location in Malaysia.

It was set up to meet growing demand within the AMD global network for organisational and operational services, and occupies more than 80,000 square feet.

The four-storey centre was launched by Deputy Prime Minister Tan Sri Muhyiddin Yassin on Tuesday.

AMD senior vice president Devinder Kumar said Malaysia itself earned a place among the top three shared services destinations in the world behind India and China.

"Identified as a National Key Economic Area in the nation's transformation toward a high-income, innovation-led economy, the shared services industry is expected to employ 300,000 knowledge workers by 2012," he said at the launch of the centre here.

Also present was AMD interim chief information officer and corporate vice president Tom Painter.

Established in Malaysia in 1972, AMD is one of the eight pioneer electronics companies that established operations in Penang.

A leading global semiconductor company known for its graphics and computing technologies, AMD Malaysia currently employs close to 1,100 employees in Penang, Labuan and Cyberjaya.

Devinder said the launch of the centre positioned AMD as the only global company to have a fully integrated Finance and Accounting Global Services centre in one country.

He said currently, AMD employed approximately 400 people in AMD Global Services Malaysia with plans to grow to over 600 by 2013.

"In doing so, we will support investments which are knowledge-intensive, high value added and aligned with the government's goal of increasing Malaysia's Gross National Income per capita," he said.

-- BERNAMA

Source: http://www.bernama.com/bernama/v5/newsbusiness.php?id=567576