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I think AMD had mostly R&D in China so this will be good news to Chinese rivals looking to hire and get a closer look at AMD's IP.In a rather sad news, AMD is massively downsizing their China team, with the Radeon Technology Group taking most of the hit.
AMD China to Experience Massive Downsizing, Radeon Technology Group Affected The Most
AMD's "Radeon Technologies Group" in China will reportedly get hit with a massive layoff, with an expected workforce reduction of 10-15%.wccftech.com