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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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PUBG Mobile amid top earning games of 2020 despite India ban, earns $1.06Bn overseas

PUBG Mobile was the most successful Chinese mobile game in 2020 despite its India ban and the game was the top earner amid 37 other popular Chinese mobile games.

The mobile gaming sector in China has seen remarkable growth overseas in the past couple years as per a mobile data app analysis firm, Sensor Tower.

The report also adds that the top 30 profitable Chinese mobile games raked in $9.24 billion (Rs 67,271 Cr approx) from the App Store and Google Play last year, up by 47 percent year on year from $6.3 billion (Rs 45,357 Cr approx) in 2019, the firm said.

In the overseas market, a total of 37 mobile games earned more than $100 million, 12 more than last year in 2019.

Top downloaders

Japan was the top downloader of these mobile games while the United States was at number two position in 2020. Japanese gamers prefer Chinese games more in terms of culture and aesthetics, the firm said.

In 2019, the top 30 Chinese mobile games raked in almost $2.8 billion from just the Japanese market which was a year-on-year surge as per Xinhua news agency.

PUBG Mobile, still popular

PUBG Mobile is a popular mobile multiplayer game that’s also available on the PC and gaming consoles. It continued to be on the top of the list of top-earning Chinese mobile games overseas garnering a profit of $1.06 billion in 2020.

Since the game’s debut back in 2018, the game has been amongst the top top-downloaded games on the Google and Apple app stores and raked in a total of $2.1 billion from the overseas market. These earning also include the revenue it made from India where it was a sensation before its ban.

Genshin Impact, an open-world mobile game published by the miHoYo, saw its overseas revenue reach $160 million in October last year, setting a new record for the Chinese game’s monthly earning in the global mobile game market.

Previously, the record was held by PUBG Mobile, which pulled in a revenue of $90 million in July 2019.

–with inputs from IANS.



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