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VIETNAMESE IT FIRM EXPANDS INTO NEW CENTRE

Posted on: Wed, 25 Nov 2009 23:22:00 EST

Symbols: AMCCD

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HANOI, Nov 26, 2009 (AsiaPulse via COMTEX) --
AMCCD | Quote | Chart | News | PowerRating -- Vietnamese semiconductor maker
Applied Micro Circuits Corporation (AMCC) has announced the
opening of a new office in Ho Chi Minh City.

The office would expand its existing facility and strengthen
efforts in integrated circuit design and software development,
the company said.

The larger facility would enable the company hire more
employees from Vietnam's talented engineering pool, it added.

The new centre also marked a milestone of the company
changing its name from AMCC to AppliedMicro to reflect a new
focus on greater energy efficiency and lower costs for its high
performance connectivity and processing products, it said.

"The outstanding efforts turned in by AppliedMicro's Vietnam
design team since its inception in 2008 have encouraged the
company to expand its presence by opening a new office today,"
said Paramesh Gopi, president and CEO of AppliedMicro, who
presided over the opening ceremony on November 20.

"The new office means more jobs for Vietnam's highly
educated, world-class engineers and it improves the company's
efforts to compete globally with leading-edge processing and
transport products. AppliedMicro remains committed to its
employees here and as we look to expand the company, the design
centre will play an important part of our company's growth,"
Gopi said.

"The new design centre will enable AppliedMicro to expand
its workforce from 70 to 100 people. Vietnam is gaining
recognition by the electronics industry for producing young
talented board designers and layout engineers, and
AppliedMicro's design centre in HCM City provides a central
location for recruiting new employees," the company said in a
press release.

The design centres proximity to mainland China, Japan and
Taiwan is strategic for AppliedMicro, as most of its growth is
being generated from business in these countries and
territories. The Vietnam location enables prompt support
efforts to its customers there.

(VNA)maz

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