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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 declares victory in anti-trust battle against Epic Games

Apple has won the long-drawn antitrust court battle in the US against Fortnite maker Epic Games over its App Store policies.

The ruling is a major setback for Epic Games and other developers and could set precedent for further antitrust claims, according to reports.

The US Ninth Circuit Court of Appeals largely upheld the district court’s earlier ruling related to Epic Games’ antitrust claims in favour of Apple, reports TechCrunch.

However, it also upheld the lower court’s judgment in favour of Epic under California’s Unfair Competition Law.

“Today’s decision reaffirms Apple’s resounding victory in this case, with nine of ten claims having been decided in Apple’s favour. For the second time in two years, a federal court has ruled that Apple abides by antitrust laws at the state and federal levels,” the tech giant said in a statement.

“We respectfully disagree with the court’s ruling on the one remaining claim under state law and are considering further review,” it added.

Tim Sweeney, Epic Games Founder and CEO, tweeted: “Lost another court verdict, climbed another mountain. The world has come a long way since 2020 when this journey began, with much progress achieved by many people in many nations around the world. And onward we go!”

Sweeney said that Apple prevailed at the 9th Circuit Court.

“Though the court upheld the ruling that Apple’s restraints have aa substantial anticompetitive effect that harms consumers’, they found we didn’t prove our Sherman Act case,” he added.

“Fortunately, the court’s positive decision rejecting Apple’s anti-steering provisions frees iOS developers to send consumers to the web to do business with them directly there. We’re working on next steps,” he further posted.

Epic originally sued Apple in 2020, as Apple removed Fortnite from the App Store after the game maker intentionally violated the App Store terms over in-app purchases.

— IANS

The post Apple declares victory in anti-trust battle against Epic Games appeared first on Techlusive.



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