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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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Samsung to shut down its LCD business in June, here’s why

Samsung has always been ahead of its game when it comes to phone screens. The company’s LCD panels in the past were used in phones, TVs, laptops, and other devices. However, ever since OLED became widely popular among TVs and smartphones, Samsung continued to work majorly on the modern OLED technology, while the LCD panels’ use case remained limited. Now, reportedly, Samsung will shut down its LCD business in the vow of making OLED and Quantum dot (QD) screens.

LCD Prices have fallen over the years

The report comes from South Korea, where Samsung is said to shut down its Liquid Crystal Display (LCD) business in June of this year. This is majorly due to the competition from Chinese and Taiwanese makers that offer cheaper LCD panels.

Samsung was expected to close its LCD-making business months later this year, however, the company decided to discontinue the business early due to rapid losses from falling LCD prices in the market.

According to Display Supply Chain Consultants (DSCC), the average price of LCD panels has fallen rapidly. In comparison to 2014’s 100, the price index of LCD panels this year in September will fall down to 36.6. In April this year, it was 41.5, which was considered a record low for the LCD price index.

Another reason for Samsung Display to close its LCD lineup is because its largest buyer, Samsung Electronics is taking screens from Chinese and Taiwanese counterparts like BOE technology group and AU Optronics Corp. It appears to be cheaper that way.

Originally, Samsung planned to shut down the LCD business in 2020, but due to the rise in LCD prices amid the COVID-19 pandemic, led the company to continue it. Now, however, the prices have fallen down and they’ll continue to fall, as shown by DSCC. That said, Samsung is said to cut off its LCD panels for large TV screens and focus only on the OLED and Quantum dot (QD) panels.

Since the LCD business has been working for years, it has a great workforce behind it, which will be probably transferred to the Quantum dot (QD) business.

The post Samsung to shut down its LCD business in June, here’s why appeared first on BGR India.



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