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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...

WhatsApp adds new Shopping button for users in India: Here’s how it works

Facebook on Tuesday made a new shopping button in WhatsApp live globally, including in India, to help people check out available products and make purchases right from a chat. The tool will make it easier for people to discover a business’ catalog so they know what goods or services it offers.

Previously, people had to click into the business’ profile to see if the business had a catalog.

“Now, when a person sees the shopping button, which looks like a storefront icon, they will immediately know the business has a catalog so they can browse products and start a conversation about an item they see with just one tap,” the company said in a statement.

This will also make it easier for businesses to have their products discovered which can help increase sales. More than 175 million people message a WhatsApp Business account every day, and more than 40 million people view a business’ catalog each month – including more than 3 million in India.

According to a recent survey, 76 percent of adults in India said that “I am more likely to do business with/purchase from a company that I can contact via messaging than one that I cannot.” The new shopping button is available now across the world and will replace the voice call button.

“In the future, we’ll make it possible to add items to a cart and check out, all within WhatsApp,” the company said last month.

Facebook said it will finally start charging companies using WhatsApp for Business, as it expanded ways for its users to check out available products and make purchases right from a chat. Some 50 million businesses message a WhatsApp Business account every day and this move will help WhatsApp continue building a business of its own while it provides and expands free end-to-end encrypted text, video and voice calling for more than 2 billion people.

How it works

This new WhatsApp Shopping button looks like a storefront-like icon, which sits next to the newly designed call button. Users will only see this button on the chat screen of businesses and not on your friends or family members chat screen.

Once tapped, the shopping button will take you to the business’ catalogue. This will allow users to quickly look at the catalogues and select items for purchase.

Written with agency inputs



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