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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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iPhone selling in LG stores? Apple is apparently in talks for a new deal 

LG is gone from the smartphone arena but that can’t be said for its retail space. In South Korea, LG has over 400 LG Best Shop locations whose floor space for LG smartphones will remain unused. To avoid wasting that, LG and Apple are in talks to figure out a deal that allows the latter to sell its iPhones via the former’s stores.  

The deal is currently said to be limited to the South Korean borders where Apple could benefit a lot. LG’s Best Shops are present widely across the country and Apple’s increased retail presence could help the brand reach out to the insides of the market. LG’s phones are going to sell until the end of July, which is when the deal is also expected to be finalised.  

iPhones selling in LG stores 

The report comes from Business Korea and mentions Apple also planning to sell products other than iPhones in these LG stores. Hence, customers can walk in these LG stores to buy Apple Watch, iPads, and other accessories. But, most possibly, it may be missing out on MacBooks and iMacs. And that is said to be the reason behind this delay. 

iPhone 12

Similar to Apple, LG also makes and sells its laptops in Korean markets. This is where LG and Apple are still rivals. Hence, LG might be on the backfoot about these MacBooks sharing the floor space with its own Windows laptops. 

It remains to be seen whether LG and Apple do the same for their store spaces all across the world. LG is still selling the remaining stocks of its popular phones like Velvet and Wing in several markets. In fact, the LG Wing proof-of-concept phone launched a few months ago above Rs 70,000 in India and now you can buy for less than Rs 30,000. 

The LG Wing has a unique swivel display that makes way for a smaller display underneath to show other things. LG has bunched in some gimbal stuff along with clever software features to take advantage of the new form factor. The Wing joins the Velvet and G8 Dual Screen phones as some of the most unique smartphones one can buy right now. 



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