Chip manufacturing company AMD India Ltd is planning to set up a design centre in Bangalore and will invest $5 million in three years for the purpose.
"The proposed engineering centre will focus on designing microprocessors and we will invest over $5 million in three years," AMD India Ltd president Ajay M Marathe told reporters in Mumbai on Tuesday on the sidelines of the launch of mutli-core processors for servers.
Marathe said the company has already started hiring software professionals for the engineering center, which would continue till mid-June 2006.
"The Bangalore centre will have substantial number of software engineers. Moreover, we will increase headcount every year as the centre will be concentrating on designing high-end microprocessors for the IT industry," he said.
He said the New York Stock Exchange-listed parent company AMD has selected India as one of its key market and AMD India had a presence in over 20 cities in the country.
AMD India has launched 64-BIT, dual-core server and workstation solutions with multi-tasking computing experience for enterprise users.
"This multi-core processors will enhance the performance and memory capacity of the servers and workstations. The in-built technology of multi-core processors will reduce heat coming out from servers," he said.