John - You asked Dresden's clean room is actually smaller than Fab25's. How could it have 20% higher capacity?
Why don't you ask AMD that question?
"The plan is for the Dresden megafab to begin production in 1999 and be capable of producing 6,000 eight-inch wafers per week at maximum capacity."
www1.amd.com
AMD SIGNS LOAN AGREEMENT FOR DRESDEN MEGAFAB
SUNNYVALE, CA--March 13, 1997-- AMD officials and bank syndicate representatives meeting in Dresden, Germany, signed a loan agreement which will finance Fab 30, a new semiconductor wafer fabrication factory and research center to be built by AMD. The loan commitment totals DM1.65 billion ($967 million at current exchange rates) and represents one of the largest financial transactions in the history of Saxon industry. The syndicate, led by Dresdner Bank AG, consists of 17 German and foreign banks.
"Today's agreement reaffirms AMD's commitment to building the capacity required to supply Microsoft® Windows® compatible microprocessor customers into the next decade," said W.J. Sanders III, chairman and chief executive officer of AMD. "A high-volume supply of high-performance Windows processors will allow PC manufacturers and their customers to reap the benefits of competition."
Current plans call for a total investment of approximately DM3 billion ($1.76 billion) through the year 2006. AMD will contribute resources totaling DM550 million ($322 million). German governmental support adds up to DM800 million ($469 million) supplemented by an indemnity bond to partially secure the loan.
The loan provides for the construction of an 875,000-square-foot chip fabrication facility and the establishment of a design center. The wafer fab facility will include approximately 90,000 square feet of clean-room space dedicated to the manufacture of future generations of Windows compatible processors and other high-volume logic products. Groundbreaking for the facility occurred in October of last year.
The plan is for the Dresden megafab to begin production in 1999 and be capable of producing 6,000 eight-inch wafers per week at maximum capacity.
About AMD
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets. AMD produces processors, flash memories, programmable logic devices, and products for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $2 billion in 1996. (NYSE: AMD).
Cautionary Statement
This news release contains forward-looking statements that involve risks and uncertainties, including the timely development and market acceptance of new products, the impact of competitive products and pricing, the timely development of wafer fabrication process technologies, the effect of changing economic conditions, and such risks and uncertainties detailed from time to time in the company's SEC reports |
