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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 could soon launch affordable Redmibooks in India

Xiaomi could bring its affordable range notebooks to India. The company had launched its Mi Notebook series few days back but people found it going beyond the budget segment. This has probably forced Xiaomi to decide that people are looking out for budget laptop options as well. According to report, the company could bring its Redmibook series to fill up the space in the sub Rs 30,000 segment.

Sources quoted in the report say the Redmibooks could make their debut around August this year. Xiaomi is expected to bring a different variant of these laptops to the Indian market. Something they have also done with the Mi Notebook for the country. The budget notebook segment in India could definitely use some freshness. And with the Redmibooks buyers can get another option worth looking at.

This way, Xiaomi can repeat its smartphone formula, by having two different series. It can target the premium segment with the Mi Notebook, while the budget buyers can go for the Redmibook. With many people now working out of home and schools running virtually, demand for laptops has gone up. Most of these consumers are looking for budget laptops, and Xiaomi can surely try its luck with these buyers.

Mi Notebook India launch

Xiaomi just launched the Mi NoteBook series of high-end laptops in India. The launch saw the brand launch two new laptops with four variants. These are the Mi NoteBook and Mi NoteBook Horizon edition. Both the laptops feature 14-inch displays and thin bezels with over 90 percent screen-to-body ratio.

Watch Video: Xiaomi Redmi Note 9 Pro First Look

The laptops are powered by 10th gen Intel Core processors. Instead of competing in the budget segment, the Xiaomi Mi NoteBook laptops will compete with other brands like Asus, HP, Acer, and Dell. The series will be the first laptops by Xiaomi in the Indian market, and will be powerful options to those looking for a performance oriented machine to work from home.



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