MOSCOW - The Industry and Energy Ministry announced that up to $5.8 billion would be spent through 2025. The allocation of between 140 billion rubles ($5.5 billion) - 150 billion rubles ($5.8 billion) over the next 15 – 20 years is designed to ensure development and production of domestic electronic components.
The Industry and Energy Ministry said that by 2011 Russian producers would use up to 70% of the available Russian electronic components compared to the current level of 35%.
“We can expect scientific-technical cooperation to achieve advances, as well as a breakthrough in new technologies, including nanotechnologies, bioelectronics, optoelectronics and quantum computers, by 2025,” according to the ministry statement.
EL SEGUNDO, CA – After declining or remaining stable for the past six months, the average selling price for LCD-TVs rose significantly in July and remained at a higher level in August. But while the price increases have been a boon for LCD-TV makers, they are not expected to last, according to iSuppli Corp.