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Russia plans to focus on two major local chip manufacturers

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According to the latest report, the competent authorities of the Russian Federation are considering including the two major chip design institutions Baikal Electronics and MCST into the list of backbone enterprises. Russian media said that this will help it, transfer processors, from TSMC to mainland China factories for foundry.

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Previously, Baikal was developed by Baikal Electronics, and MCST developed Elbrus processors, both of which were manufactured by TSMC. Affected by the sanctions, TSMC has now stopped performing the contract.

Moreover, after being identified as key enterprises, the above-mentioned institutions will receive a series of support such as financial subsidies and low-interest unsecured loans.

Furthermore, Russian media quoted expert analysis that in government procurement, the domestic chips of the above-mentioned institutions should also be given special priority, and the application software ecology around domestic servers should be vigorously developed.

There are also sources who worry that support for general-purpose processor design companies will attract tougher targeted sanctions from the West.

(via)


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