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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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Samsung Galaxy Fold 3, Flip 3 to surpass Note series sales in India: Analysts

Samsung launched the Galaxy Fold 3 and Flip 3 in India recently. Dealers, retailers, and industry analysts predict that the two new foldable phones will surpass the sales of the Galaxy Note series, which has now been discontinued in the country. Both Galaxy Fold 3 and Flip 3 are said to have received a “record response” in India.

Dealers and retailers told IANS that they have left with no stock of Galaxy Z Series amid rising demand and were waiting for more supplies of the new foldable smartphones from Samsung.

Industry insiders said that nearly 60 percent of the Indian consumers have gone for the pricier Galaxy Z Fold3 in India, showing rising inclination for big screen and productivity features among young millennial and Gen Z users.

The 6.7-inch Galaxy Z Flip3 has become popular among Apple loyalists, with iPhones making 25 percent of upgraded foldable devices, they added.

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Samsung, which initiated the new-age foldable war with Galaxy Fold, came with Galaxy Z Flip 3 that folds into the size of a wallet.

The Galaxy Z Flip 3 5G 8GB RAM +128GB storage model comes at a price of Rs 84,999 while the 8GB RAM + 256GB storage model has been launched at a price of Rs 88,999. The smartphone comes in two colour options, Phantom Black and Cream.

Galaxy Fold3 5G (12+256GB) costs Rs 149,999 and Galaxy Fold3 5G (12+512GB) comes for Rs 157,999 in Phantom Black and Phantom Green colours. For the first time on a foldable smartphone, you can now write down your ideas or draw sketches with the S Pen.

An integral part of its flagship premium portfolio that created a distinct buzz every year, the popular Galaxy Note series did not make its appearance in 2021 as Samsung now bets big on the future of foldable devices.

(With inputs from IANS)

The post Samsung Galaxy Fold 3, Flip 3 to surpass Note series sales in India: Analysts appeared first on BGR India.



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