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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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Poco announces Flipkart Big Saving Days sale deals: Poco X3, Poco M2 Pro and more

Flipkart will be holding its Big Saving Days sale from January 20 to January 24. Flipkart Plus members will get early access to the sale, starting midnight, January 19. During the sale, the company will be offering discounts on multiple products. Smartphone brand, Poco has unveiled all of the deals it will be offering during Flipkart Big Saving Days sale.

The company will be offering discounts on a number of its smartphones including the Poco X3, Poco M2 Pro, Poco C3 and the Poco M2. Apart from the discounted prices, customers purchasing the devices using an HDFC Bank debit or credit card will get an additional 10 percent discount.

Flipkart Big Saving Days sale: Poco smartphone deals

Cheapest of the bunch, the Poco C3 will be made available at Rs 6,999 for the 3GB RAM/32GB storage variant, and at Rs 7,999 for the 4GB RAM/64GB storage variant, during the sale.

Poco M2 will be made available at Rs 9,999 for the 6GB RAM variant. Customers purchasing the device via HDFC credit cards and EMI will get an instant discount of Rs 1,500. And customers purchasing the device via HDFC Band debit cards will get an instant discount of Rs 1,000.

The Poco M2 Pro will be made available at Rs 11,999 for the base variant, during the sale. Additional bank offer will bring down the effective price to Rs 10,999.

Poco X3 during the sale will start at Rs 14,999 for the base variant. And along with the bank offer, customers can get it for as low as Rs 13,999.

Poco becomes the third-largest phone brand in India

In related news, Counterpoint Research recently announced that Poco has taken over Realme and OnePlus to gain the third-largest phone brand slot in the country. According to the report, Poco M2 and Poco C3 are two of the top three smartphones with a maximum demand in the country.

The first position is taken up by Poco’s parent brand, Xiaomi, and at the second position is taken up by Samsung.



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