Electronics Production |
Sitronic open plant in Russia
Russian based wafer company Sitronics has started developing the project to produce 64-45 nm micro chips in Russia.
The investment for the project is worth approximately $2.3 bln. Investment Committee approved the project at the Ministry of Economic Development and Trade and recommended to be submitted to the government, cNews reports. The company plans to start constructing a plant in January 2008. The production is expected to start in October 2009. Sitronic refused to announce the time of final decision adoption.