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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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As smartphone storage goes up, demand for external memory cards decline: Report

The consumer storage market (micro-SD, flash drive and SD card) market in India witnessed 4 per cent (year-on-year) decline in shipments in the first quarter, a report showed on Monday.

However, the market shipments increased by 16 per cent (quarter-on-quarter), according to CyberMedia Research (CMR).

The primary reason for the YoY decline is attributed to a decrease in the Micro-SD base.

“In Q1, 25 per cent of smartphones without an external memory card slot were shipped, indicating a shift in the market trend,” said Shipra Sinha, lead analyst, CMR.

Furthermore, Q1 witnessed a significant shipment of smartphones with internal memory capacities of 128GB and above, accounting for 57 per cent of total shipments.

“This surge in smartphones with ample internal storage has disrupted the micro-SD market. Conversely, the flash drive market experienced a modest YoY growth of 4 per cent,” Sinha added.

The top contributor in the overall market was SanDisk, holding a dominant share of 70 per cent. HP secured the second spot, while Kingston occupied the third position.

The lesser-known brands collectively captured 11 per cent market share, demonstrating a remarkable YoY growth of 84 per cent in their shipments.

The 32GB capacity segment continued to be the top contributor, holding a significant market share of 38 per cent. The 64GB capacity segment was the next preferred choice, capturing 27 per cent of the market share.

The Micro-SD cards market is likely to experience single-digit growth by the end of this year. On the other hand, the flash drive market is expected to witness a YoY growth of 10-15 per cent.

— IANS

The post As smartphone storage goes up, demand for external memory cards decline: Report appeared first on Techlusive.



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