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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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Indian nationals, lured with high paying IT jobs, get abducted to commit cybercrime in Thailand, Myanmar

Over 300 Indian nationals are stuck in Thailand and Myanmar working in jobs that are forcing them into cybercrime. These Indian nationals went to Thailand on the pretext of jobs with good pay. However, they ended up getting stuck with entities that conduct cybercrime. The Indian nationals have been approaching state as well as central govt to assist them in escaping from the hostage-like situation.

A report by TOI has detailed some of the experiences of these Indian IT workers who are stuck in this situation. The report claims that these workers were first invited to Thailand for IT jobs and later they were taken to Myanmar as hostages. The workers are then forced to work for over 15 hours a day. If they refuse to work, the employers are beaten up and even electrocuted.

The workers are refraining from giving out details about their identity as they fear consequences if they get caught. Currently, leaders from different political parties are pushing the state and central govt to help these Indian nationals. The Indian embassy claims to be working with both Myanmar and Thailand authorities to bring back the victims of the scam.

The workers have been kept in the Myawaddy region which does not come under the jurisdiction of Myanmar. The area is mostly controlled by ethnic armed groups, according to the report. Some of the victims have identified their captors as Malaysian Chinese.

 

The post Indian nationals, lured with high paying IT jobs, get abducted to commit cybercrime in Thailand, Myanmar appeared first on BGR India.



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