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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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India Mobile Congress 2022: Vodafone Idea to launch 5G cloud gaming service in India

Telecom operator Vi (Vodafone Idea) on Friday announced its partnership with gaming platform CareGame to offer 5G cloud gaming experience to its users in India. The company said that with 5G’s low latency technology, the cloud gaming industry is expected to democratise even further.

“The online gaming industry is among the fastest growing entertainment segments in India and with the advent of 5G it is expected to grow many folds. Mobile gaming is a key agenda for us to drive engagement with our consumers”, Avneesh Khosla, Chief Marketing Officer, Vodafone Idea, said in a statement.

As per a report by Boston Consulting Group (BCG), India currently has a user base of 300 million mobile gamers. Growing at a CAGR of 38 percent, the Indian mobile gaming industry is expected to triple in size to a $5 billion market by 2025.

“Our unique Mobile Cloud Gaming technology lifts all these barriers up so that all mobile gamers can enjoy all these great mobile games, whether being RPG, MOBA, Battle Royale, Strategy, Simulation, FPS, Racing or in any other genre”, said Benjamin Athuil, Co-founder and President of CareGame.

The company will showcase the service at the India Mobile Congress (IMC), being held from October 1-4 at Pragati Maidan in New Delhi. Other telecom companies, Reliance Jio and Airtel, are expected to introduce their 5G services, as well. Prime Minister Narendra Modi will headline the event with his presence and will inaugurate the ceremony.

— IANS

The post India Mobile Congress 2022: Vodafone Idea to launch 5G cloud gaming service in India appeared first on BGR India.



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