Skip to main content

Featured Post

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...
1 comment
Read more
Labels

GoPro claims that the ongoing chip shortage won’t affect its holiday sales

GoPro in a statement to The Verge said that the global chip and other supply chain shortages will not affect its holiday sales this year. According to the report, the company is poised to finish one of its best years in a strong fashion.

“Despite supply chain constraints that are affecting many industries, we have successfully partnered with our suppliers to produce inventory to support our fourth-quarter revenue expectations,” CEO Nick Woodman said while discussing the company’s third-quarter financial results on Thursday.

“GoPro.com and our retail partners will be stocked and ready for shoppers this holiday season,” Woodman added.

That’s especially good news for GoPro’s bottom line because the new Hero10 Black is selling incredibly well despite the higher $499 price tag.

GoPro said that 98 per cent of the roughly 800,000 cameras it sold in the third quarter were at or above the $300 price tag –up from 83 per cent in the third quarter of 2020.

The average sale price for cameras in the quarter was $381, up 25 per cent year-over-year (YoY).

Recently, GoPro launched its latest action camera, the Hero 10 Black, with an improved overall performance in India for Rs 54,500. It will be available to purchase via Amazon, Flipkart, Croma, and select retail stores.

The new GoPro camera comes with a GP2 processor. The new processor enables HyperSmooth 4.0 video stabilisation for steadier shots. It also ensures higher resolution 23MP photos, improved low-light performance.

(With IANS inputs)

The post GoPro claims that the ongoing chip shortage won’t affect its holiday sales appeared first on BGR India.



from BGR India https://ift.tt/3bJ3thW
via IFTTT
Email Post
Labels:

Comments

Post a Comment

add