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Russia's 7 billion rubles support the expansion of Mikron, the country's largest semiconductor maker, which can mass produce 90nm chips

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Update time : 2022-09-09 11:16:25
        Earlier this year, Mikron, Russia's largest semiconductor maker, prepared an investment project to triple its production capacity (up to 6,000 wafers per month) for the production of 180-90nm chips. But in order to implement this project, the company needs about 10 billion rubles.
 
 
        Recently, the Russian government announced that it will spend 7 billion rubles to support Mikron, Russia's largest semiconductor company, to increase its chip production capacity, but the funds are a 10-year loan secured by Mikron's production equipment. 
        It is understood that Mikron is currently able to produce semiconductors in 0.18 micron to 90 nanometer process technology, which is not advanced enough to produce traffic cards, the Internet of Things, and even some general-purpose processor chips.
        Mikron is reportedly the only Russian semiconductor supplier capable of producing chips beyond 180nm, and is currently the largest chip company in Russia, both for foundry and design. The rest of the companies, such as Angstrem, mainly use 600nm technology to manufacture products for the military-industrial complex (MIC). 2021 revenues for Mikron are 5.69 billion rubles, with a net profit of 257 million rubles.
        We understand that in April this year, the Russian government announced a new semiconductor program that foresees an investment of 3.19 trillion rubles (about $38.43 billion) by 2030. The funds will be used to develop indigenous semiconductor production technologies, domestic chip development, data center infrastructure, local talent development and marketing of home-made chips and solutions. In particular, for semiconductor manufacturing, Russia plans to invest 420 billion rubles (about $5 billion) in the development of new manufacturing processes and subsequent improvements. One of the short-term goals is to increase local chip production using 90nm manufacturing processes by the end of 2022, and one of the longer-term goals is to achieve 28nm chip process manufacturing by 2030.

 
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