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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 is working on its own Redmi Smartwatch, could launch soon

At the beginning of 2019, Xiaomi announced that its popular line of Redmi devices would become a sub-brand with its own products, in the style of the situation between Huawei and its sub-brand, Honor. Initially, Redmi, for its part, focused on the launch of affordable mobile phones, but gradually expanded its reach into new market segments. Now, Redmi is ready to fill a new segment with the upcoming launch of its first smart wearable, which may be called the Redmi Smartwatch

Redmi’s first smartwatch is on the way

A few months ago, the company launched its first wearable device, Redmi Band. This smart band will make its debut in the international markets under the name of Xiaomi Mi Band 4C. Now, for those who don’t like the smart band format and prefer something closer to a watch’s design, the company is planning to launch the Redmi Smartwatch soon, according to the leaker Digital Chat Station.

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To recall, this is not the first time we have heard rumors about a Redmi Smartwatch. In November last year, after the Xiaomi Mi Watch launch, Redmi general manager Lu Weibing hinted at the new wearable. Weibing took to his Weibo account shortly after the launch and asked his followers if they expected the launch of a possible Redmi ‘watch’ in the future.

This announcement was followed by the certification of a new Redmi product with the model number HMSH01GE in January. As it was revealed in the listing, the product got certified with a “Smartwatch” moniker. Now, it seems that the development of the first Redmi smartwatch has been completed, and it is ready to hit the market.

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As of today, we have no idea what the Redmi Watch / Redmi Smartwatch will look like or its features. However, it is likely to be an affordable product. Moreover, its price should be below in comparison to the Xiaomi Mi Watch. There are rumors that Redmi will launch a new phone powered by the Dimensity 1000+ processor in August. So, there is a chance that the first Redmi Smartwatch will be announced at the same event.



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