Skip to main content

Featured Post

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...
1 comment
Read more
Labels

Xiaomi alone witnessed strong global smartphone sales growth in Q1 2020 amid Covid-19

Due to the coronavirus outbreak, global smartphone sales saw a dip in growth in the first quarter of 2020. As users were spending less on non-essential items like phones and laptops, this caused a big drop in global smartphone shipments. Popular companies like Samsung, Apple, Oppo, and Huawei witnessed a heavy decline in smartphone sales growth in Q1 2020.

Xiaomi, on the other hand, was the only brand among the top five smartphone vendors to record strong sales in Q1 2020. The Redmi devices in global markets and aggressive online channel focus drove Xiaomi to “achieve better than expected sales.” This information comes from the latest industry research report by Gartner. Xiaomi alone saw 1.4 percent YoY growth among other top brands compared to last year.

Watch: Xiaomi Mi 10 5G Review

The report stated that global smartphone sales dropped by 20.2 percent YoY in the first quarter of 2020. Top smartphone brands like Samsung saw a decline of 22.7 percent. Huawei, on the other hand, witnessed a 27.3 percent drop in global smartphone sales in Q1 2020. Apple comparatively performed better and saw an 8.2 percent fall in sales.

“Apple had a strong start to the year thanks to its new product line up that saw strong momentum globally. If COVID-19 did not happen, the vendor would have likely seen its iPhone sales reached record level in the quarter. Supply chain disruptions and declining consumer spending put a halt to this positive trend in February,” said Annette Zimmermann, research vice president at Gartner.

Oppo too witnessed a decline of 24.2 percent in the first quarter of 2020, as per the report. “Oppo’s offline distribution which is one of its strengths suffered as the work from home trend forced consumers and businesses to purchase products online. To grow its sales and market share, it is paramount that Oppo strengthens its online channel.”



from BGR India https://ift.tt/3gMhQ6k
via IFTTT
Email Post
Labels:

Comments

Post a Comment

add