Russia / Россия: Russia to invest in home-grown chip making equipment
Oct 05, 2024 | Posted by Abdul-Rahman Oladimeji
Russia is reportedly planning to spend more than 240 billion rubles ($2.54 billion) on 110 R&D projects focused on developing domestic chip-making equipment and materials. A report revealed that the Russian Ministry of Industry and Trade and the International Scientific and Technical Center of Electronic Technology (MIET) want to remove foreign-made equipment from the country’s microelectronics manufacturing operations.
According to a report from the American Enterprise Institute (AEI) published in April 2024, Russia’s chip-making industry is still functioning, as domestic firms largely produce semiconductors for government customers, such as the military. However, while the report described the industry as “small” and “technologically backward,” it noted that it remains reliant on Western spare parts and materials and European and Asian allies should enforce tighter controls on chip-making tools and equipment to further squeeze the industry.
In June 2024, US lawmakers introduced a bipartisan bill to bar US-based companies that have received CHIPS and Science Act funding from buying chipmaking equipment from companies owned or controlled by China, Russia, North Korea, and Iran.
In June 2024, US lawmakers introduced a bipartisan bill to bar US-based companies that have received CHIPS and Science Act funding from buying chipmaking equipment from companies owned or controlled by China, Russia, North Korea, and Iran.