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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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Xiaomi teases Mi Precision Screwdriver kit launch for India

Xiaomi has put out a teaser of Mi Precision Screwdriver kit launch for India. The company’s Global VP and India MD, Manu Kumar Jain, in a tweet teased the launch by using the Mi Precision Screwdriver to dismantle a Xiaomi phone. The company has big portfolio of accessories and IoT products in China. In India, the company is slowly expanding its smart home and accessory lineup with launches like Mi Robot Vacuum Cleaner, Mi Toothbrush, true wireless earbuds and more.

The Xiaomi India Twitter account first posted glimpse of the product which is likely to be the Mi Electric Screwdriver. You can see that in video. The tweet however doesn’t mention anything in particular. It reads, “Something coming up for the ones who like to step up and fix things. A product for the ones who like to #TakeControl.”

Meanwhile, the company is gearing up to launch multiple Redmi devices in the international market. As part of the preparation, the company has started teasing the unannounced products. Jain took to Twitter to share the first teaser. He confirmed that Xiaomi India will launch a new product category under the Redmi brand at a “NoStringsAttrached” event.

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This event is set to kick off on May 26, 2020 at 12 noon. The company is expected to launch a number of new accessories in the market on that day. The tweet also comes with a link to a dedicated landing page for the launch event. Here we can see that the Redmi TWS earbuds as well. These are likely on the list. Some information about the upcoming Xiaomi product shows that these will be based on Bluetooth technology. The product is also likely to be sweat resistant with long battery life and “reduced latency” and voice assistant support.



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