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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...

Roposo gains 22 million users in 2 days after TikTok ban; Mitron, Chingari also see rise in downloads

With popular short video-making app TikTok down in India, rival apps have lately been all the rage in the country. After a border clash with the neighboring country China went on to eventually generate an anti-China sentiment across the nation, a total of 59 Chinese apps were banned in India at once over security concerns, including TikTok. Now rival apps including Mitron, Chingari, and Roposo are rising up in download numbers.

TikTok had 200 million users in India. After the ban came into effect, all these users were suddenly left with no content to post or view content off. A lack of options led to alternate short video-making apps becoming popular in the country.

Watch: Alternatives to banned Chinese apps including TikTok, ShareIt, UC Browser, CamScanner

One of the alternatives, Roposo, which has existed since 2014, saw its user-base jump up by 22 million in just two days after the app was taken down. “In the last few days I’ve slept for a total of five hours, and it’s the same for our entire team,” Bhangadia said. “The load is so much and we’re just ensuring that the experience is as smooth as possible,” said Mayank Bhangadia, Roposo founder in a report by Reuters.

Roposo now has over 80 million downloads on Android. As per Bhangadia, this figure may cross 100 million in a few more days. Roposo had about 50 million downloads before TikTok was taken down, which is still a considerable share amidst the 500 million smartphones in India.

The Bengaluru-based company is run by about 200 people but plans on going international over the next two years. It will also reportedly be hiring an additional 10,000 people in this time frame for the same. Meanwhile, other rival apps like Mitron and Chingari are riding over Prime Minister Narendra Modi’s ‘Atma-Nirbhar’ wave and enjoying popularity. These apps too have seen a rise in user-base after the TikTok ban.



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