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Electronics Production | September 26, 2007

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.
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