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AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
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OnePlus hires ex-Apple executive Navnit Nakra in key role for India

OnePlus on Wednesday announced the appointment of Navnit Nakra as Vice President and Chief Strategy Officer for its India operations. Prior to OnePlus, Nakra worked with Apple as the Head of Affordability in India for over three years.

In new role, Nakra will lead the strategic operations on the Red Cable Club, OnePlus marquee digital lifestyle membership initiative and drive key strategic partnerships. According to the company, Nakra led the strategic initiatives on devising effective consumer and enterprise finance offers across categories ranging from smartphones, tablets, and laptops, to watches and accessories.

Nakra previously worked with Citibank for nearly 15 years, where he held a variety of leadership roles across consumer and institutional banking. Nakra holds an MBA degree from the Faculty of Management Studies – University of Delhi. He is also an alumnus of the prestigious Harvard Business School where he pursued his Program for Leadership Development.

In another news, Disney’s head of streaming Kevin Mayer quit the company and will be joining TikTok as its CEO from next month. He willa also be COO at TikTok’s parent company ByteDance. Mayer has been instrumental in launch of Disney+ platform, which now caters to over 50 million users globally.

Watch Video: Top 5 apps providing free services during coronavirus pandemic

TikTok hit two billion downloads worldwide on the App Store as well as Google Play. And India leads the chart with 611 million or about 30.3 percent of all unique installs. Unfortunately, with TikTok vs YouTube backlash, the app rating has fallen drastically on Google Play store. At present, TikTok rating is down to 1-star on the Android app store. Many users shared their sentiment towards the app on social media, and claimed to have uninstalled the app. By doing so, they were giving TikTok 1-star ratings as you it can be seen on the Play store.

Written with agency inputs



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