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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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Xiaomi to become the world’s third largest smartphone company in 2021: Report

Xiaomi is ruling the Indian smartphone space for years now. According to a latest report coming from the Strategy Analytics, the Chinese smartphone manufacturer could beat Huawei to take the third spot in the world’s smartphone space in 2021.

The research notes, “Xiaomi will emerge as the third largest global smartphone vendor surpassing Huawei”.

Here’s what the report states

The report reveals that the brand is gaining traction in the Asia-Pacific, Central and Eastern Europe and Western Europe. “For 2021, we believe Xiaomi will emerge as the third largest global smartphone vendor surpassing Huawei.” Abhilash Kumar, smartphone analyst at Strategy Analytics says. “Xiaomi has been performing well in the India and Russia markets, and has also been very aggressive in Central & Eastern Europe and Western Europe,” Kumar adds.

Linda Sui, Senior Director at Strategy Analytics further said that 2021 will be the “year of Chinese smartphone vendors” including brands such as Xiaomi, Oppo and Vivo. The report highlights that these three vendors could be the top three players in the Asia Pacific region, “driven by aggressive marketing, expanding channel footprints, and competitive pricing.”

The Strategy Analytics report further adds that Transsion Holdings, which runs brands like Itel, Tecno and more, could surpass Samsung, in the Africa and Middle East regions.

Xiaomi Mi 10T Price in india

It is suggested that the global smartphone market will rebound in 2021 by growing by 6.5 percent to reach 1.38 billion units, the reason could be the proliferation of 5G smartphones.

A report by  Cybermedia Research (CMR) published last month highlighted that the Chinese smartphone manufacturer leads the Indian smartphone market, which recorded 100 million shipments in the second half of 2020.stated that Xiaomi owns 27 percent market share in India, followed by Samsung at 20 percent, Vivo at 14 percent, Realme at 11 percent and Oppo at 10 percent.

Notably, in India, Xiaomi has been ruling the smart TV space alongside the smartphone segment.



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