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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: iPhone 13 demand falls as global chip shortage crisis continues to hit the world

As per a report coming from Bloomberg News, Apple is telling component suppliers that it doesn’t expect iPhone 13 series sales to pick up even during the holiday season and beyond, as predicted earlier. The reason behind the disappointing sales is said to be the ongoing chip shortage.

The company highlighted that consumers are getting restless waiting for iPhone 13 units to stock up. The new report noted that Apple told its suppliers that “demand for the iPhone 13 lineup has weakened, people familiar with the matter said, signaling that some consumers have decided against trying to get the hard-to-find item..”

The global chip shortage impact

The ongoing global chip shortage has hit Apple quite hard since the release of the iPhone 13. Soon after the new iPhone models were announced, Apple reportedly cut iPhone 13 production by 10 million units due to supply chain constraints and global chip shortage. Now, with the latest report coming in, iPhone 13’s fate seems disappointing. The company sells four models under the series including — the iPhone 13, the iPhone 13 mini, the iPhone 13 Pro and the iPhone 13 Pro Max.

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The Cupertino-based tech giant hoped to “make up much of that shortfall next year, when supply is expected to improve” but unfortunately that doesn’t seem to be happening. Apple is “now informing its vendors that those orders may not materialize” the report revealed.

Considering the situation, the company is now limited by the number of iPhone units that can be assembled with the available components and instead of demand. The report also highlighted that Apple doesn’t expect customers experiencing long wait times to maintain interest when supply picks up.

The company no longer reveals the number of iPhone units it sells per quarter, but going by the trend, it is highly likely that Apple’s revenue for the next few quarters will be majorly hit.

The post Apple: iPhone 13 demand falls as global chip shortage crisis continues to hit the world appeared first on BGR India.



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