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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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Vivo planning to launch an electric scooter in India? Trademark for EV surfaces online

Electric Vehicles are the next big thing in the Indian automotive segment. It will be a structural shift in terms of both fuel change and ecosystem. Many brands have already put in their products in the market and are also reaping the rewards. Non-Indian companies are now witnessing the growing demand for the EV segment in India. Chinese brand Vivo, which is popular for its smartphones, is also reportedly strapping up to enter the Indian market.

Vivo has applied for a trademark for an EV and details about the filing have surfaced online. RushLane has reported details of the new trademark filing. However, the document does not reveal much but it does drop a strong hint that Vivo is also looking for a piece of the electric scooter market.

The listing does not confirm if Vivo is looking to launch an electric scooter or some other EV format. The trademark filing has been registered under Section 12 which covers electric cars, motorcycles, driverless cars (autonomous cars), bicycles, mopeds, self-balancing vehicles, electric unicycle, unicycle, self-balancing unicycles, remote control vehicles, other than toys; water vehicles, air vehicles, photography drones and aerial drone, other than toys.

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Vivo could be eyeing the electric scooters segment that is currently booming in the country. Various new players have joined the industry and some are yet to step in. Currently, Hero Electric is the most dominant brand in the Indian electric scooter market as well as in the EV ecosystem of the country. Hero Electric is followed by Okinawa Autotech, Ather Energy, PureEV and Revolt.

Ola Electric is also looking to enter the e-scooter segment with the Ola S1 and Ola S1 Pro. However, the brand hasn’t been able to deliver the vehicles to buyers on time. The semiconductor shortage has been blamed for the disruption in production and supply.

The post Vivo planning to launch an electric scooter in India? Trademark for EV surfaces online appeared first on BGR India.



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