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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 admits to data breach that leaked name, date of birth of users

Samsung has come forward and acknowledged a data breach that has led to a leak in customer data. A cybersecurity incident happened earlier this year in July 2022 and this has put some personal data of Samsung users at risk. Personal information such as names, date of birth, and more. However, other sensitive data such as credit card and debit card information has not been affected. Samsung claims that it has taken the required steps in order to safeguard the affected users. The South Korean tech giant has also released information about the issue on a public platform.

In a blog, the company said, “At Samsung, security is a top priority. We recently discovered a cybersecurity incident that affected some customer information. In late July 2022, an unauthorized third party acquired information from some of Samsung’s U.S. systems. On or around August 4, 2022, we determined through our ongoing investigation that personal information of certain customers was affected.”

Samsung claims to have taken actions to secure the affected systems. The company has also engaged a cybersecurity firm to investigate the matter and is coordinating with law enforcement. The customers in US seem to be impacted by this data breach. Samsung has assured that the issue did not impact Social Security numbers or credit and debit card numbers, but in some cases, may have affected information such as name, contact and demographic information, date of birth, and product registration information. The information affected for each relevant customer may vary. Samsung is notifying customers to make them aware of this matter.

Samsung has communicated directly with certain customers that they identified as affected by this issue to make them aware of the matter. The investigation about the data breach is still ongoing and the company might release further communications to users who are affected by the breach.

The post Samsung admits to data breach that leaked name, date of birth of users appeared first on BGR India.



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