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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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Jio likely to launch affordable Android phones in India by Dec 2020: Report

Reliance Jio is reportedly set to launch affordable Android phones later this year. The telco may use its partnership with Google to make this happen. The new report from Business Standard quotes sources saying it will make 10 crore units of this device. The low-cost part of the phone will be facilitated by Jio, who will offer the device with bundled data plans. This is similar to how users can buy the JioPhone 4G feature phone right now.

Jio has partnered with Google to develop a new Android-based smartphone OS. The two companies will work together to make entry level 4G smartphones as well as an entry level 5G smartphone. And it’s possible the first device from this partnership could be unveiled in few months time.

The leading telecom player saw good demand for its first 4G feature phone few years back. And it believes that more users in India need to experience 4G, thereby shedding their 2G-powered phones. “There are many feature phone users who are itching to upgrade to a conventional smartphone if only it was somehow more affordable,” said Mukesh Ambani, Chairman, RIL.

Jio to compete with Chinese mobile giants

Pricing always plays a crucial part in determining interest of buyers in the country. This trait has helped brands from China like Xiaomi, Vivo and Oppo to offer quality products at lower price point. Allowing them to build a strong foundation in the market and displacing the local brands.

Watch Video: Top 5 smartphones under Rs 20,000

Jio’s ambition to enter the smartphone arena could pose some concerns for the likes of Xiaomi and Oppo. After all, it will be hard to compete with the telco and its pricing maneuvers. For now, we wait and see if Jio is able to pull off the product launch by this year itself. Or will they wait till 2021 to mark a new beginning. Make no mistake, Jio has come out of this pandemic stronger than its rivals, flushed with new set of investors under its belt. So, if the company has set its sights on the market, it will most likely pull that off.



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