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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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Tencent Game Honor of Kings Gets 100 Million Daily Active Users

Honor of Kings is one of the popular mobile games. The game recently celebrated its fifth anniversary with an online event, where the announcement was made by Tencent, that it had crossed 100 million daily active users worldwide. The company is now trying to create a multidisciplinary brand experience, both inside and outside the game. The company is soon to launch two newly titled derivative games, expanding genres.

Honor of Kings is a popular multiplayer online Battle Arena (MOBA) game, developed by TiMi Studios, a subsidiary of Tencent Games. The game is similar to DOTA 2 and League of Legends on PC. It is available on both iOS and Android platforms. The game is one of the world’s most popular and highest-grossing games of all time. The company also introduced an official Bruce Lee skin to the game. Timi also announced a collaboration with the luxury fashion house Burberry. Li Min, Game Director and General Manager of Tencent’s Timi Studios said,

“We are going to expand how players can interact with the Honor of Kings world and create a multi-dimensional brand experience that drives engagement both inside the game and outside it. This could include anime, films, music and even live action series.”

Honor of Kings Became Highest Earner

Honor of Kings has been ranked second in terms of worldwide earnings. It grossed $ 112 million (about Rs 8.53 billion) in March 2020. It was the highest earner from China. The game is one of the most popular games in China and now it has become world’s highest grossing games of all time. Timi Studios said,

“We’ve spent more than a decade investing time and passion into learning what matters to Chinese gamers.”The Company further added, “Honor of Kings is not only a great competitive title but we’ve also seen it become a hub of social activity for people in China. To engage with such a large, daily audience is truly an honor and motivator to continue delivering the best entertainment experience for our audience every day.”

 



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