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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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Sony PlayStation 5 India Restock: Next pre-order sale could happen in June

Sony PlayStation 5 Restock: Sony recently held the second pre-order sale for its PlayStation 5 console in India and it was over in a matter of minutes. This was the first large scale restock after the initial round of pre-orders back in January. The company has not officially declared the next sale date, however, a new report states that the third sale could take place next month.

According to a new report by IGN India, the next PS5 India restock date is due in June 2021. It further states that the company had brought in stocks of the game console back in April and has not made all units available for sale till now due to the ongoing pandemic.

The report also states that one reason for Sony to hold up is the release of the new exclusive, Ratchet and Clank: Rift Apart, which will take place on June 11. Citing unnamed sources close to the development IGN India states that “the company wants to avoid the bad publicity of releasing its big first half of the year exclusive with no console to play it on.”

During the third sale, we can expect to see wider availability of the PS5 Digital Edition. However, as of now, there is no news on the availability of the PS5 accessories apart from the Sony DualSense controller.

Sony PlayStation 5: Price in India

Sony PlayStation 5 is priced at Rs 49,990 for the standard disc variant and at Rs 39,990 for the Digital Edition.

Sony expects PlayStation 5 shortages could continue till 2022

To recall, the Sony Group after its results call in late April during a briefing reportedly told analysts that it is having difficulties keeping up with strong demand for its latest console. This is in part due to the component shortages and secondly due to excessive demand. The officials did not comment on the official timeframe for when the supply will normalise, but it did state that it expects these shortages to extend to next year.



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