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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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India records 1.4 times more sales of Galaxy S23 series than predecessor: Samsung

India recorded a 1.4 times more sales of the newly-launched Samsung Galaxy S23 series compared to its predecessor S22 series last year, the company said on Thursday. Galaxy S23 Ultra was the top-selling model globally, including in India.

According to the industry, the strong performance of the Galaxy S23 Ultra and the innovative camera performance of 200 million pixels have succeeded in capturing consumers’ hearts. South Korea recently surpassed 1 million units in sales, offering a variety of local promotion benefits to customers.

“Samsung Electronics’ ‘Galaxy S23 series is cruising’ in major countries around the world, setting a new sales record that surpasses its predecessor, thanks to its overwhelming performance and camera function,” the company said in a statement.

Samsung earlier announced the Galaxy S23 Series, which kicked off its global sales on February 17, recorded higher sales worldwide than the previous Galaxy S22 series during the same period.

So far, Samsung Electronics has released the Galaxy S23 series in about 130 countries, including Korea, the United States, Europe, Southeast Asia, Latin America and India. With the launch in Japan on April 20, the global launch of the Galaxy S23 series will be completed this month with some countries in the Middle East and Africa, said the company.

Dr T.M. Roh, President and Head of Mobile eXperience Business at Samsung Electronics, said last month that premium smartphone market in India is set to grow despite the economic slowdown. Samsung had notched over 140,000 pre-bookings for its premium Galaxy S23 series in just 24 hours in India, twice the number of pre-bookings it received for Galaxy S22 series last year.

“It is being very well received by Indian customers, especially the Galaxy S23 Ultra in green,” Roh told IANS during his India visit.

 

IANS

The post India records 1.4 times more sales of Galaxy S23 series than predecessor: Samsung appeared first on Techlusive.



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