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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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IFA 2021 cancelled due to COVID-19, organisers look forward to IFA 2022

Internationale Funkausstellung Berlin (IFA) is one of the largest tech convention expos that takes place every year. The organisers had earlier announced that the 2021 iteration of the expo would take place from September 3 to September 7. However, the event has now been cancelled due to the ongoing COVID-19 pandemic.

Messe Berlin and gfu Consumer & Home Electronics GmbH in a press release stated that the reasons behind the cancellation of the event include uncertainties about the speed of the rollout of vaccination programmes around the world, travel restrictions and that parts of the exhibition area have been converted into a vaccination centre and an emergency hospital facility.

“Innovation needs a platform; it needs the focus of global attention. That’s why brands and manufacturers across the tech industry were very keen to come to IFA Berlin 2021. Unfortunately, the latest public health developments introduced too much risk into everybody’s planning for the event,” said Kai Hillebrandt, Chairman of the Supervisory Board of gfu Consumer & Home Electronics GmbH. “There simply are now too many uncertainties. Therefore, right now it has become near impossible for anyone to responsibly plan their participation in any trade show.”

To recall, IFA organisers last month announced that it would be holding its yearly in-person event once again. This came as a bit of a shock, considering that the cases in Germany at the time were near a peak, with over 20,000 new cases merging every day.

Organisers getting ready for IFA 2022

Even though the organisers have been unsuccessful in getting IFA 2021 off of its feet, they are excited for hosting the event next year and have already started preparations. “The organisers of IFA are now working with their partners from industry, trade and media to get everything ready for IFA 2022, which will be held as a full-scale live event at the Berlin exhibition grounds,” it added in the press release.



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