AMD The new research and development joint venture, called the Beijing CBE AMD Information Technology Company, Ltd. (ITC JV), is planning to develop three types of hardware platforms: a Student PC, a Teacher PC and a Classroom Server. In addition, the JV will provide learning tools for the students, teachers, and classrooms of China. The move opens a new door for AMD to tap into China’s market of 215 million students — a point not lost on AMD president and chief executive officer Hector Ruiz during today’s formal signing ceremony. “AMD is committed to advancing the technology market in China, a nation that is one of the world’s largest and fastest growing semiconductor markets,” Ruiz said in a prepared statement. The new platforms will, of course, contain AMD silicon crossing all three of AMD’s product lines: x86 microprocessors, MIPS-based embedded processors, and Flash memory devices. The JV was formalized in a signing ceremony that took place today in Shanghai by Ruiz and CBE board chairman Wang Xiao Wu. It is subject to regulatory approval. on Tuesday announced it has signed a agreement with China Basic Education Software Company, Ltd. (CBE) to form a joint venture to develop computers for the education market in China.