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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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MWC 2022: Few Russian companies might be barred from attending the event

Mobile World Congress (MWC), the world’s largest annual mobile connectivity show, is all set to kick off tomorrow in Barcelona, Spain. The four-day event will come to an end on March 4. Notably, some tech companies have pulled out of the event due to the COVID-19 pandemic. Ahead of the event, the organiser GSMA has barred a few Russian tech companies and carriers from participating in the event due to the ongoing Russian invasion of Ukraine.

GSMA has not exactly specified if all Russian companies will be prohibited to attend the event. However, the organizer had earlier told Reuters that “there would be no Russian pavilion at this year’s event”.

“The GSMA will continue to cooperate with international sanctions against Russia,” the spokesman had said.

As per a statement by GSMA in response to the Ukraine crisis, “The GSMA strongly condemns the Russian invasion of Ukraine. The situation is fast-moving, and we understand that various governments are considering broader sanctions against Russia. In light of this emerging situation and considering the tragic loss of life, MWC seems immaterial under the circumstances. MWC is a unifying event with a vision to convene the mobile ecosystem to progress ways and means that connectivity can ensure people, industry, and society thrive.

The organiser also added, “The GSMA follows all government sanctions and policies resulting from this situation. There will be no Russian Pavilion at MWC22. Security for the event is constantly reviewed and adjusted as information emerges.”

This year, Mobile World Congress 2022 is likely to host 1500 exhibitors including  AWS, Lenovo, Samsung, Realme, Intel, and more.

The post MWC 2022: Few Russian companies might be barred from attending the event appeared first on BGR India.



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