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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 Mi Precision Screwdriver kit now available for everyone on mi.com in India

In May, Xiaomi launched its Mi Precision Screwdriver Kit on crowdfunding in India. The company had kept a seven day target and had noted that the shipping for supporters will start from July 1. This target was easily achieved by the company as the introductory price was just Rs 999.

Today, the company’s Global VP and India MD, Manu Kumar Jain, in a tweet announced that the Mi Precision Screwdriver Kit is now available for everyone to purchase in India. The kit has been priced at Rs 1,299, and it is currently available on mi.com only.

Xiaomi, during the announcement in May, had announced the price to be Rs 1,499, but it seems the company is currently offering it at a discounted launch price, and it may change in coming days.

Xiaomi has big portfolio of accessories and IoT products in China. In India, the company is slowly expanding its smart home and accessory lineup with launches like Mi Robot Vacuum Cleaner, Mi Toothbrush, true wireless earbuds and more.

Xiaomi Mi Precision Screwdriver kit

Watch Video: 5 smart wearables with dedicated SpO2 monitor in India

The Xiaomi Mi Precision Screwdriver Kit comes with 24 anti-rust precision bits and an aluminum alloy handle. This is a rather sleek looking screwdriver set which is rather convenient as well. The case itself is magnetic which means that the extra bits will not fall off easily. Users will need to press a button to open the box. The handle of the box has a rotating cap which is also designed to be anti-slip for a better grip. It has an aluminum alloy cover.



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