A factory for the production of microchips will be built on the territory of the second stage of the Ural technopark Cosmos. The agreement on the establishment of the enterprise was signed by the Corporation for the Development of the Middle Urals and the Ural Design Bureau Detail, the government of the Sverdlovsk Region states.

The enterprise, named Karat, is being built as part of the creation of a single scientific and production cluster that provides training, development and mass production of microchips. The products will be based on Russian technologies.

Karat will become a supplier of standard solutions, but it will also develop custom-made microchips for design centers and enterprises from anywhere in Russia.

“The development of the real sector of the economy with full-scale import substitution and ensuring the full technical and economic sovereignty of our country is a strategic priority and a necessary condition for economic growth. It is especially important that this happens primarily in high-tech industries based on the domestic scientific and technological base,” said Alexander Galushka, Deputy Head of the Civic Chamber of the Russian Federation.