AMD Begins First Revenue Shipments of AMD64 Products Manufactured At Chartered
Delivering on its customer-centric strategy of flex capacity, AMD starts on-plan, on-time startup of volume production at Chartered
SUNNYVALE, CALIFORNIA AND SINGAPORE -- July 13, 2006 --AMD (NYSE: AMD) announced that in June it began its first revenue shipments of AMD64 processors manufactured at Chartered Semiconductor Manufacturing in Singapore. AMD and Chartered ramped 300mm production at Fab 7 in record time, hitting all major milestones and starting production at mature yields. Initial shipments out of Chartered consisted of microprocessors manufactured on 90nm process technology. The ramp of volume production at Chartered combined with recent announcements in Dresden shows that AMD will have the ability to intelligently scale and flex production in line with customer demand.
“We selected Chartered to augment our production because of a shared philosophy of flexibility and agility in manufacturing,” said Daryl Ostrander, senior vice president, logic technology at AMD. “Through successful integration of select advanced process control modules we’ve enabled an on-time start-up with the same standards of quality, efficiency and responsiveness that AMD customers have come to expect from our manufacturing operations.”
AMD and Chartered originally announced a manufacturing agreement in late 2004 which called for volume production of AMD64 products in the second half of 2006. With this announcement, AMD has once again demonstrated a track-record of flawless execution and on-time delivery in manufacturing to provide additional flex capacity for its customers. AMD will continue to enhance operations at Chartered with a planned transition to 65nm process technology in mid-2007.
“Achieving mature yields on-plan and ahead of schedule for 90nm volume production in support of AMD’s expanding market opportunity have been our collective goals since we initiated our manufacturing collaboration in 2004, and we are equally proud of these results,” said Kay Chai “KC” Ang, senior vice president of fab operations at Chartered. “Our close working relationship with AMD has not only enhanced our ability to meet and exceed its aggressive manufacturing requirements, but has provided pass-through benefits resulting from our implementation of Automated Precision Manufacturing know-how from AMD.”
“Through a flexible, collaborative approach and the power of Automated Precision Manufacturing, AMD and Chartered have attained rapid production ramp on AMD64 products with mature yields,” said Preston Snuggs, vice president of manufacturing systems at AMD. “Through a continued customer-centric approach to manufacturing, we now have increased flexibility in dynamically adjusting capacity to meet customer demand.”
AMD (NYSE:AMD) designs and produces innovative microprocessors, and low-power processor solutions for the computer, communications and consumer electronics industries. AMD is dedicated to helping its customers deliver standards-based, customer-focused solutions for technology users, ranging from enterprises and governments to individual consumers. For more information, visit www.amd.com.
Chartered Semiconductor Manufacturing (Nasdaq: CHRT, SGX-ST: CHARTERED), one of the world’s top dedicated semiconductor foundries, offers leading-edge technologies down to 65 nanometer (nm), enabling today’s system-on-chip designs. The company further serves the needs of customers through its collaborative, joint development approach on a technology roadmap that extends to 45nm. Chartered’s strategy is based on open and comprehensive design enablement solutions, manufacturing enhancement methodologies, and a commitment to flexible sourcing. In Singapore, the company operates a 300mm fabrication facility and four 200mm facilities. Information about Chartered can be found at http://www.charteredsemi.com.
This release contains forward-looking statements concerning planned product and technology introduction schedules for AMD, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. AMD investors are cautioned that forward-looking statements in this release involve risks and uncertainties that could cause actual results to differ materially from AMD’s current expectations. Risks that the AMD considers to be the important factors that could cause actual results to differ materially from those set forth in the forward-looking statements include the possibility that: Customer demand may exceed the flex capacity of Chartered; and the transition to 65nm may occur later than mid-2007. AMD urges its investors to review in detail the risks and uncertainties in AMD’s Securities and Exchange Commission filings, including but not limited to the Annual Report on Form 10-K for the year ended December 25, 2005, and the Quarterly Report on Form 10-Q for the quarter ended March 26, 2006.
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