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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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Micromax teases its comeback once again, could launch phones next month

Micromax has made umpteen comebacks in the Indian mobile market. And the company is about to try its luck once again. However, this time, it is banking on the support from the government, with its PLI scheme announced recently. The company’s co-founder, Rahul Sharma, spoke about the plans in a interview with ET Telecom few days back. They have shared another teaser via Twitter this week.

In addition to that, multiple reports have mentioned that Micromax will be launching range of phones next month. These will be priced in the budget segment for up to Rs 15,000. Reports also point out the phones will be powered by MediaTek Helio chipsets, and run on the latest Android version. Ahead of the official announcement, Micromax is teasing these new devices via its social media handles. It is important to note that Micromax never left the smartphone market but it stopped launching new models.

The last smartphone from Micromax was the iOne Note, which debuted in October. It is still listed online with a retail price of Rs 8,199. With the anti-China sentiments reaching a new level, Micromax will be expected to ride on the trend. The company went on to add that it is working on a new device with premium features including “thoroughly modern look and budget friendly”.

Micromax looking to repeat its past success

But more importantly, Micromax claims it will make sure the phones from now on get regular Android updates. So, we’re hoping the company has finally decided to use stock Android version. It says the Android cycle for each device will support for 2 years or more.

We still don’t know whether the company is making its phones in India like some Chinese smartphone makers. The most reliable route for OEMs has involved devices getting manufactured in China and then sold here. But with import restrictions being put in place, the local handset brand will have to manufacture on its own.

 



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