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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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Let our firms take part in 5G trials, China tells India

Beijing has expressed deep concerns over India’s new telecom policy, under which it does not permit Chinese telecommunication companies to conduct 5G trials in the country, saying the move is not conducive to the innovation and development of related Indian industries.

To recall, the Department of Telecommunications (DoT) recently granted approval to nearly a dozen companies to conduct a six-month trial for the use and applications of 5G technology. The telecom service providers (TSPs) approved included Bharti Airtel, Reliance Jio Infocomm Ltd, Vodafone Idea Ltd and MTNL who have tied up with original equipment manufacturers and technology providers including Ericsson, Nokia, Samsung and C-DOT. There was no Chinese company like Huawei or ZTE on the list. Even though these companies have been operating in India for several years.

Wang Xiaojian, a spokesperson of the Chinese Embassy in India, said in a statement that China expresses “concern and regret that Chinese telecommunications companies have not been permitted to conduct 5G trials with Indian Telecom Service Providers in India.”

“Relevant Chinese companies have been operating in India for years, providing mass job opportunities and making a contribution to India’s infrastructure construction in telecommunications,” Xiaojian said. “To exclude Chinese telecommunications companies from the trials will not only harm their legitimate rights and interests, but also hinder the improvement of the Indian business environment, which is not conducive to the innovation and development of related Indian industries”.

Like the US and the UK, there have been demands from the industry stakeholders like the Confederation of All India Traders (CAIT) to ban Huawei and ZTE Corporation of China from participating in 5G network rollout in India.

Xiaojian said that China hopes that “India could do more to enhance mutual trust and cooperation between the two countries, and provide an open, fair, just, and non-discriminatory investment and business environment for market entities from all countries, including China, to operate and invest in India”.



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