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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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5G rollout in India expected to begin in October, says IT minister

The government is hopeful that the 5G rollout for consumers in India will start as early as October, IT minister Ashwini Vaishnaw said last week. He said that once the spectrum auction ends, the government will be able to “allocate the spectrum within a few days itself.” The auction will enter the seventh day later today, but it is likely on its last legs as most airwaves have already found their bidders.

“We believe that we will probably buck the trend of having a much faster rollout of 5G compared to many other geographies since our other costs are significantly under control,” Vaishnaw said. Countries such as the US, the UK, China, South Korea, Canada, Spain, Germany, and Saudi Arabia already have 5G services in many of their respective cities. On the other hand, India will initially roll out 5G to likely 11 cities initially.

 

The post 5G rollout in India expected to begin in October, says IT minister appeared first on BGR India.



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