Thursday, December 23, 2021

AMD amends GlobalFoundries deal, will buy $2.1 billion worth of wafers

Chip firm Advanced Micro Devices will acquire about $2.1 billion of silicon wafers from GlobalFoundries from 2022 through 2025 in an amended agreement, according to a regulatory filing.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...