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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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TakaTak app is TikTok rival from MX Player; Available on Google Play store

MX Player is the latest brand to dive into the short video space in India. The company has launched its TikTok-like platform called ‘TakaTak’. The app is available on Google Play store for Android users. And it’s likely the app will make its way to Apple Store in the coming days.

TikTok was banned by the Indian government earlier this month. Since then, we have seen numerous apps come up and claim to be the ideal TikTok alternative for users. MX Player is just another name added into this lucrative space. The app is running on version 1.0.1 and is claimed to have been downloaded by 50,000+ users in a short span of time.

TakaTak has got 4.3 ratings on Play Store with people commenting on its features and lack of it. The interface is identical to TikTok, making it easy for users to migrate from other platforms, especially TikTok. The ByteDance-owned platform excelled mostly because of its user-friendly interface and developing business avenues for creators.

Merely copying the app won’t get results, even though the downloads are happening quick and fast. Also, you need to understand that the short video market heavily involves music content, which is guarded by licenses under private labels. The last thing users would want is to use some track for their video which is not legally permitted to be used on any of these platforms.

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We’ve already seen the likes of Chingari, Roposo and few others rack up the numbers. But now it’s about consolidating and building on their promise. Because, we’re still not sure if the ban on TikTok will remain beyond a certain period of time. So, it’s up to them to make sure that even if TikTok comes back, they have built trust with the users to retain them.



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