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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, Qualcomm partner for an upcoming smartphone: Is Poco F2 finally coming?

Poco launched the Poco M3 earlier this week at a price starting of Rs 10,999 for the base 6GB RAM and 64GB storage model. The Chinese smartphone manufacturer is in no mood to stop anytime soon. The company has announced to partner with Qualcomm to bring a new Poco phone but the name hasn’t been revealed yet. Fans believe it could be the next Poco F1 successor (most likely the Poco F2) with Qualcomm’s latest Snapdragon 870 processor with 5G support.

Poco’s Country Director Anuj Sharma took to microblogging site Twitter and stated, “So last evening, a simple call from @qualcomm_in to wish POCO on our 1st Birthday took an interesting turn. The team at Qualcomm has promised us something special and very exciting in a few weeks. What could it be? What do you think?” To this most Twitter users believe that the Poco F2 is coming. Finally. The company hasn’t revealed the name of the upcoming Poco phone.

Is Poco F2 coming?

Qualcomm recently announced the latest midrange affordable 5G processor dubbed Snapdragon 870 chipset. The processor is mainly aimed at offering a seamless gaming experience to consumers at a budget. The Snapdragon 870 5G chipset features both the Snapdragon X55 5G Modem-RF System and the Qualcomm FastConnect 6800 Subsystem. “With 5G and Wi-Fi 6 capabilities, you’ll experience high speeds, increased capacity, and widespread accessibility no matter where you connect with 5G, the chipmaker claims.

Earlier this year, the Chinese smartphone manufacturer hinted via a teaser on Twitter that the much-awaited Poco F2 will finally release this year after a long wait. The company is yet to officially confirm the phone or when it could go official for consumers in India. The smartphone manufacturer turned the midrange smartphone market upside down with the launch of the Snapdragon 845 processor. The Poco F1 broke all records and the same is expected from the successor device as well.

Poco completed one year in India on Thursday and on account of that the smartphone manufacturer announced Poco Anniversary sale. During the promotional sale smartphones like Poco M2 Pro, Poco M2, Poco X3 and more are available with flat discount.



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