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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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Zee Digital registers 150 million users in March 2020; BGR.in sees 132% growth: ComScore

Zee Digital, the online arm of Zee Group, is continuing the tremendous growth seen in the first two months of this year. The digital publisher crossed 150 million users on ComScore in March 2020. This is the single biggest growth seen by Zee Digital, which comprises the Digital Publishing and the OTT business of the group. According to the latest data from ComScore, Zee Digital registered a growth of 134 percent during this financial year. This is the highest growth among the top media groups in the country.

While rivals saw double digit growth in their users, Zee Digital saw triple digital growth in March 2020. The digital publisher stood out among competitors such as Times Times Internet Group, Network 18 Group, India Today Group and HT Media Group. During the month of March 2020, ComScore data shows that the Times Group, Network 18 and India Today Group registered a growth of 48 percent, 20 percent and 56 percent respectively. With 134 percent, Zee Digital once again showed its continued focus on data led growth in the publishing business.

The biggest drivers for Zee Digital during the month of March 2020 were mainstream sites such as Zee Business, India.com, and Zee News. Each of these websites saw a growth of 160 percent, 113 percent and 75 percent respectively. The growth was also aided by BollywoodLife.com, the group’s entertainment website and tech website BGR.in, which grew by over 100 percent during this period. BollywoodLife.com grew by 147 percent while BGR.in saw 132 percent growth in March 2020.

Rohit Chadda, CEO – Digital Publishing, ZEE Group expressed satisfaction over the development. He also attributed this growth to data driven approach in the newsrooms.

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Zee Digital moved to 3rd place in the News and Information category in terms of unique mobile users in India in March. It also ranked 4th overall for Unique Users (Desktop & Mobile) in the same category. According to the January 2020 ComScore data, Zee Digital crossed 125 million unique users. Now, with 150 million users and plan to reach next 100 million, Zee Digital is charting its next growth trajectory.



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