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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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Hello Mumbai: Apple CEO Tim Cook greets Indians ahead of Apple BKC launch tomorrow

Apple will demonstrate its doubled-down effort for India as its chief executive Tim Cook will launch the company’s first flagship retail store in the country. Located at the Jio World Drive in an upscale area of Bandra Kurla Complex in Mumbai, the Apple BKC is the first physical Apple Store that is opening for the public on April 18. Cook will attend the opening of Apple BKC, outlining the company’s bullish investment in India, which, per reports, is emerging as a top alternative to China.

Cook posted a photo with the employees of the Apple BKC with a caption that reads: “Hello, Mumbai! We can’t wait to welcome our customers to the new Apple BKC tomorrow.”

Ahead of the opening tomorrow, Apple underscored that the Apple BKC is one of the most energy-efficient Apple Store locations in the world, with a dedicated solar array and zero reliance on fossil fuels for store operations. The store is operationally carbon neutral, running on 100 percent renewable energy. That is in line with Apple’s commitment to the environment through which it hopes to become 100 percent carbon neutral by 2030.

The Apple BKC is made of a triangular handcrafted timber ceiling that extends beyond the glass façade to the underside of the exterior canopy. Apple said that each tile used in the structure is made from 408 pieces of timber, forming 31 modules per tile with a total of 1,000 tiles that make up the ceiling. When entering the Apple BKC, customers will be greeted by two stone walls that Apple says are from Rajasthan.

“At Apple, our customers are at the center of everything we do, and our teams are excited to celebrate this wonderful moment with them as we open our first retail store in India,” said Deirdre O’Brien, Apple’s senior vice president of Retail. “Apple BKC is a reflection of Mumbai’s vibrant culture and brings together the best of Apple in a beautiful, welcoming space for connection and community.”

The post Hello Mumbai: Apple CEO Tim Cook greets Indians ahead of Apple BKC launch tomorrow appeared first on Techlusive.



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