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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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iPhone sales record 150 percent growth in India during Q3 2021: Report

As per the latest report, the high demand for iPhone 12 and iPhone 11 helped Apple record a 150 percent growth in India in quarter three between July-September period. The report stated that the Cupertino-based tech giant has shipped over 1.53 million units in the country.

iPads also logged a huge jump in growth, at 109 per cent (on-quarter), and nearly 0.24 million units were shipped in the same period in the country, as per insights from market research firm CyberMedia Research (CMR).

On the year-on-year (YoY) front, iPhones registered a 28 per cent growth while iPads grew by 47 per cent, indicating a growth in demand for large-screen devices meant for learning, work and entertainment amid the pandemic.

“Apple continues to build on its strong momentum in India, leveraging its aspirational appeal amongst consumers in the earlier-than-usual festive season sales,” Prabhu Ram, Head-Industry Intelligence Group, CMR, told IANS.

iPhone 12 was the best-performing model with 31 per cent market share in Q3, followed by iPhone 11 at 28 per cent, iPhone 12 mini at 18 per cent and iPhone SE (2020) at 14 per cent.

iPhone 13, launched in September, had grabbed 3 per cent market share in Q3, and the newly-launched series is set to break all records in the festive quarter (Q4) in the country.

“The older-generation iPhones, especially the iPhone 12, contributed to Apple’s success in the quarter, alongside the iPhone 11. Despite the current supply side dynamics, Apple is doing well and is on-course for its best showing ever in India,” Ram commented.

Among the family of iPads, iPad Air 2020 (Wi-Fi) logged 40 per cent market share, followed by iPad Pro 2021 (Wi-Fi) at 22 per cent and iPad 8 (Wi-Fi) at 8 per cent in the country.

“The iPad Air 2020 and iPad Pro 2021 were the key contributors to Apple’s success. Looking ahead, we anticipate Apple iPad mini to drive Apple’s growth story in India,” said Menka Kumari, Analyst-Industry Intelligence Group (IIG), CMR.

For the entire year, iPhones are estimated to have 3.5 per cent market share while iPads a whopping 22 per cent market share in India, the data showed.

According to industry experts, Apple is set to see a similar run rate for its iPhone 13 series like iPhone 12 last year in the ongoing festive quarter in the country.

“We anticipate close to five million iPhones to be shipped this year driven by the early availability of new iPhone 13 series and discounts on the older-generation iPhone 12 series,” Ram said.

(With inputs from IANS)

The post iPhone sales record 150 percent growth in India during Q3 2021: Report appeared first on BGR India.



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