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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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Apple leads global smartphone market profits in the second quarter 2021

Apple seems to have had good yearly growth in the mobile segment. As per the Counterpoint report, the Cupertino tech company raked up the segment and had a robust revenue in the second quarter of 2021.

The tech giant has witnessed the biggest profit and revenue generator in the handset business as it captured 75 percent of the overall handset market operating profit in the second quarter of 2021.

According to market research firm Counterpoint, Apple also captured 40 percent of the revenue despite contributing a relatively moderate 13 percent to global handset shipments.

“While this performance shows the power of the Apple brand, it is still lower than the peak of Q4 2020 when its revenue share reached a staggering 50 percent, up from 28 percent in Q3 2020, and its profit share reached an unprecedented 86 percent, up from 51 percent in the previous quarter,” the firm said.

“While there was a significant jump in its shipment share, from 9 percent to 17 percent in the same period, the extent of its revenue share reflects the success of its first 5G-enabled iPhone series,” it added.

Samsung, the biggest global smartphone vendor in terms of annual shipments, usually follows Apple in revenue and profit share. There have been two instances when Samsung has failed to generate the second-highest revenue share- Q4 2019 and Q2 2020 when Huawei reached the number two spot.

In terms of profit, however, Samsung has consistently been the number two player for the past several quarters, the report said. Despite relative stability at the top, a major shift in recent quarters was caused by Huawei’s decline following the imposition of US sanctions against it.

Huawei’s fall has been accompanied by the rise of other Chinese OEMs, particularly Xiaomi, OPPO, and Vivo, which were the biggest revenue generators respectively after Apple and Samsung in Q2 2021. While Xiaomi has done very well in terms of shipments, its performance from a profit point of view has not been as strong.

(With IANS inputs)

The post Apple leads global smartphone market profits in the second quarter 2021 appeared first on BGR India.



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