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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...

Amazon Prime Day sale date announced: Check details here

Amazon has announced sale dates for the Prime Day sale for the year 2021. The company revealed that Prime Day will begin later this month on July 26 and continue until July 27. The sale, as usual, will begin a day before for Prime members.

The two-day Prime Day sale will kick off starting from midnight on July 26.  During the sale, Amazon has announced to offer deals on several categories including smartphones, TVs and other consumer electronics.

Amazon Prime Day sale deals

During the Prime Day sale, Amazon has announced to offer “the year’s best deals” on some of its own products including Echo, Fire TV and Kindles devices. The e-commerce has announced to offer up to 50 per cent off on the latest smart speakers, smart displays and Fire TV products.

Amazon has also announced to offer a “first time ever” deal on the recently launched Echo Show 10 and Fire TV Cube devices during the upcoming Prime Day sale. The company also revealed to offer “thousands of deals” across products categories such as TVs, laptops, smartphones, appliances, and Amazon Devices.

For the sale, the e-commerce giant will partner with HDFC Bank to offer a 10 per cent instant discount. The offer will be available on HDFC Bank debit and credit card purchase as well as EMI Transactions.

Amazon also announced to offer 5 percent reward points to Prime members using the Amazon Pay ICICI Bank credit card. Additionally, Amazon Pay users will be able to avail a cashback of Rs 1,000.

During Prime Day, Amazon will also host the world premiere of movies including Toofan (Hindi), Malik (Malayalam), Ikkat (Kannada), and Sarpatta Parambarai (Tamil) for Prime members.



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