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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...

AIWA aims to expand product portfolio in India with video, lifestyle products

AIWA has made a comeback into the Indian market and is looking to add new product verticals apart from audio devices under its product range. These devices will range from video products to lifestyle goods. The company hopes to achieve a billion-dollar business in India, a top executive said on Tuesday.

Speaking to IANS, Ajay Mehta, MD, AIWA India said that they are happy to announce the new standard in luxury acoustics from AIWA Japan with the range of MI-X Series and SB-X series.

“The series will deliver an amazing experience with an enhanced sound and luxurious quality. Additionally, with the range, we expect to increase our market share significantly. The Indian market has always been very special to AIWA and with these devices, we hope to soon see AIWA as the ‘brand of choice’ in the country,” Mehta said.

The company unveiled MI -X450 PRO ENIGMA and MI -X 150 Retro Plus X speakers as part of the MI-X Series. They are priced at Rs 59,990 and Rs 24,990 respectively.

Meanwhile, SB-X350A, SB-X350J and SB-X30 are priced at Rs 19,990, Rs 17,990 and Rs 2,799, respectively.

The new Hi-Fi range will be available at Reliance Digital Stores, Amazon and key retail partners across the country.

MI -X450 PRO ENIGMA comes with a triple-driver set-up, Bluetooth version 5.0 and a built-in Lithium-ion battery. It supports a frequency response of 50 Hz to 15 KHz. Additionally, it has a custom engineered audio limiter which helps in delivering distortion free sound at the maximum volume.

MI-X 150 Retro Plus X reflects AIWA’s best sound-first philosophy. Built with best in-class technology and the highest quality audio components, MI -X 150 Retro Plus X delivers the best-in-class audio performance. It is also equipped with high efficiency amplifiers – class H & AB and Dual-link Technology that significantly improve the quality of audio.

SB-X350A, SB-X350J and SB-X30 are from the SB-X350 series. The series is known for serious audio performance and is fast becoming the reference for audiophiles across the world.

Both SB-X350A and SB-X350J have TWS Multi-Link Technology to give synced audio playback from multiple speakers, the company said.

Founded in 1951, Japan-based Aiwa has established itself as a pioneer in the consumer electronics space and is considered one of the most recognisable brands in the personal audio segment.

The brand has returned in various key markets across the world, including India.

(With IANS inputs)

The post AIWA aims to expand product portfolio in India with video, lifestyle products appeared first on BGR India.



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