Russia's Manturov Sets Goals for New United Microelectronics Corp

Russian Deputy Prime Minister Denis Manturov has defined the key tasks for the newly established United Microelectronics Corporation, dubbed 'Element'. The corporation aims to pool resources and production capacities in microelectronics to secure Russia's technological independence.

Key objectives include building a full-cycle microelectronics manufacturing complex and developing technologies for producing modern electronic component bases. Additionally, the initiative prioritizes training qualified personnel to meet the industry's needs.

The announcement underscores Moscow's push to reduce reliance on foreign semiconductors amid ongoing sanctions and geopolitical tensions.