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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 partners with Broadcom for developing 5G components: Check details

Apple has announced a new multiyear, multibillion-dollar agreement with the US-based technology and advanced manufacturing company Broadcom to develop 5G radio frequency components, including FBAR filters — and cutting-edge wireless connectivity components.

According to the company, the FBAR filters will be designed and built in several key American manufacturing and technology hubs, including Fort Collins, Colorado, where Broadcom has a major facility.

“All of Apple‘s products depend on technology engineered and built here in the US, and we’ll continue to deepen our investments in the US economy because we have an unshakable belief in America’s future,” Tim Cook, Apple’s CEO, said in a statement.

Moreover, the company said that Apple already helps support more than 1,100 jobs in Broadcom’s Fort Collins FBAR filter manufacturing facility, and the partnership will enable Broadcom to continue to invest in critical automation projects and upskilling with technicians and engineers.

Across the country, Apple supports more than 2.7 million jobs through direct employment, developer jobs in the thriving iOS app economy, and spending with more than 9,000 US suppliers and manufacturers of all sizes in all 50 states across dozens of sectors.

Further, the tech giant mentioned that these investments are part of the commitment Apple made in 2021 to invest $430 billion in the US economy over five years.

With the introduction of 5G technology to Apple devices in 2020, the company has helped accelerate 5G adoption across the country, bringing innovation and job growth to companies supporting 5G innovation.

— IANS

The post Apple partners with Broadcom for developing 5G components: Check details appeared first on Techlusive.



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