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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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Nintendo looking to substitute components as chip shortage hits hardware development

The global chip shortage is worsening each day with the impact having an effect not just on leading industries but for consumers as well as delays get even longer and sales are on the downhill. In this regard, Japanese gaming giant Nintendo has revealed that the global chip shortage, which had already forced the company to downscale its expected sales for the much-loved Switch device, is also hindering hardware development.

Nintendo executive Ko Shiota said that the semiconductor situation is having some effect on hardware development, reports GizmoChina.

“We are looking at substituting components and tweaking designs to try and reduce the impact,” said Shiota.

The chip shortage has affected various tech-reliant industries across the globe including the automobile, consumer electronics, including smartphones, laptops, gaming consoles, televisions, home appliances, and more. In a statement given to CNBC last month, Intel CEO Pat Gelsinger has speculated that the global chip shortage will likely linger for a lot longer.

He said that he expects the shortage to extend at least until 2023. This announcement comes a day after the company President Shuntaro Furukawa stated that the chip shortage shows no sign of easing up, and it has forced the company to cut down on its annual sales forecast of the Nintendo Switch by 6 percent.

Furukawa also revealed that the company is struggling to meet the increased demand in the year-end holiday shopping season as chip shortages interrupt production. The gaming giant depends heavily on its console business, all the while deep-pocketed rivals such as Microsoft are expanding subscription and cloud gaming services.

Nintendo further stated that it “plans to continue to expand its business around the core concept of creating unique integrated hardware-software products.”

(With IANS inputs)

The post Nintendo looking to substitute components as chip shortage hits hardware development appeared first on BGR India.



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