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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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Apple’s first foldable device won’t be a phone, says Samsung

Apple has been long-rumoured to be working on a foldable device, but nothing has turned into reality so far. Several rumours, as well as concepts, have cropped up over the past few years, suggesting what Apple’s first foldable would be like. Would it be like the Samsung Galaxy Flip or like the Fold? Now, Samsung has reportedly dropped a hint, saying it expects Apple to launch its first foldable device sometime in 2024 and it won’t be a phone. Apple may launch a foldable tablet, instead.

According to the Korean publication, The Elec, Samsung executives from the mobile division held talks with the suppliers last month to discuss the smartphone market. One of the topics of the discussion was Apple’s rumoured foldable device, for which Samsung’s representatives said they expect Apple to launch its foldable device in two years. Samsung executives also said that the device that Apple is allegedly working on is not a phone, but a tablet. It could even be a laptop since foldable laptops are a thing now.

Corroborating the report, industry analyst firm CCI Insights (via 9to5Google) last month said that launching a foldable iPhone is not very feasible at this point and would be risky for Apple. However, releasing a foldable tablet or a laptop would make more sense. An iPad, for instance, would be better suited to be a part of the experiment for a foldable device. While it is not clear how much the foldable Apple device would cost, analysts believe it may go on sale at around $2,500 as and when it arrives in the market.

Samsung executives also said at the meeting that the foldable device market is expected to grow 80 percent by 2025. The South Korean company also said that 90 percent of foldable device users are willing to upgrade to another foldable device in the future. That paints a bright picture for foldable phones, which, despite existing for more than three years, are still not mainstream anywhere. One of the reasons could be the high price. For instance, the Samsung Galaxy Z Fold 4 costs Rs 1,84,999 in India. Apple’s foldable device is expected to cost more, considering its premium branding.

The post Apple’s first foldable device won’t be a phone, says Samsung appeared first on BGR India.



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