Advanced Micro Devices on its China Strategy (AMD 3Q05 Conf Call Quotes)

 |  Includes: AMD, INTC, SMI
by: Ezra Marbach

Chipmaker Advanced Micro Devices (ticker: AMD) reported Q3 2005 earnings results yesterday. Key quotes from management's earnings results conference call:

CFO Bob Rivet

…Geographically we saw especially strong sales in Russia, India and Greater China. And we continue to gain momentum in the enterprise market driven by AMD Opteron and AMD Turion 64 penetration on a global basis.

Chairman, President and CEO Hector Ruiz

…First, those high-growth markets are slowly but surely consolidating under key players. If you take the example of China, you know have really three or four local players that have the lion's share of the business. Our strategy in those high-growth markets is obviously to partner with the key players in each of these markets, and also to partner with our multinational partners, who are important players, particularly in the enterprise segment. So there is no special recipe, it is just being focused, being customer centric, being close to those markets, and continue to deploy our resources accordingly.

(Quotes are from the CCBN StreetEvents transcript.)

AMD chart.