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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’s iPhone maker Foxconn unveils 3 new electric vehicle prototypes

Apple’s iPhone maker Foxconn has unveiled three new electric vehicle prototypes. These EVs include two sedans and an electric bus under the Foxtron brand. These electric vehicles have been announced in collaboration with Taiwan’s Yulon Motor.

Yulon Motors is the owner of the Luxgen brand. It also manufactures Mitsubishi and Nissan cars for its home market. The three prototypes are a luxury sedan (called the Model E), SUV (Model C), and transit bus (Model T).

The prototypes are projected to become actual models from 2022 for Model T. The Model C is projected to be available by 2023, reports GizmoChina.

Interestingly, Foxconn’s product names sound eerily similar to Tesla’s lineup, which comprises the Model S, Model 3, Model Y, and Model X.

The company says the Model E can travel 750 kilometers (about 466 miles) on a single charge, and hit 100 kilometers an hour in under 3 seconds. The Model C tops out at 700km (435 miles) and is about a second slower to 100km.

Foxconn recently said it will build electric vehicle manufacturing facilities in the US and Thailand next year.

According to Nikkei Asia, the Thailand plant will be part of Foxconn’s joint venture with Thai oil and gas conglomerate PTT to develop a platform for EV and component production.

Meanwhile, the US plant will serve clients such as American EV startup Fisker, for which the Taiwanese company will begin building EVs by the end of 2023.

(Inputs from IANS)

The post Apple’s iPhone maker Foxconn unveils 3 new electric vehicle prototypes appeared first on BGR India.



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