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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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Apple begins assembling iPhone 12 in India: What this means for you?

Apple has started assembling the latest iPhone 12 in India. This decision is part of the Cupertino tech giant’s bigger aim of increasing its devices’ production in the country, which is the second-largest smartphone market in the world.

The confirmation comes from Apple itself, following several rumours that floated around regarding the same. Here’s all you need to know about it.

iPhone 12 will now be assembled in India

As per a report by Reuters, Apple will start assembling the iPhone 12 in India with the help of its official manufacturing partner Foxconn in the country. The latest iPhone will be assembled at Foxconn’s Tamil Nadu plant, sources familiar with the matter revealed. However, Foxconn is yet to confirm details on the same.

Apple, in an official statement, said, “We are proud to be starting production of iPhone 12 in India for our local customers.”

Foxconn being the iPhone 12 assembler in India isn’t surprising as the second Apple contractor in India — Wistron — is still putting itself together after the chaos created a few months ago. For those who don’t know, Wistron’s Bangalore facility was put on probation after violent protests last year.

This proved to be a roadblock for Apple in India as the tech major aims to increase the production of its devices (including the iPad and the MacBooks) in the country, majorly to decrease its dependency on China.

With the iPhone 12 being assembled in India, Apple is taking forward its vision of locally assembling iPhones, which began in 2017 with the iPhone SE. The iPhone 6s, iPhone 7, iPhone XR, the iPhone 11, and even the iPhone SE (2020) became a part of the vision soon after.

The move is also taking forward India’s aim of getting companies to make products in the country, so as to fulfil the ‘Make in India’ dream.

How good is this for us?

Assembling iPhones in India can ensure more jobs for people and is highly expected to help Apple focus on India. But, if you think the iPhone 12 prices will see a significant dip, that won’t be the case.

This is primarily due to the fact that the iPhone will only be assembled in the country; its components won’t be made in India.

However, it can still prove beneficial for people as the locally-assembled iPhones might not be affected by the customs duty hike often seen every year.



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