Interesting..." In May 2011, Crocus Technology Inc. (Santa Clara, Calif.) announced it would receive an investment of about $300 million in a round led by Rusnano, the Russian state-owned nanotechnology fund, with most of the money earmarked for the creation of a manufacturing joint venture in Russia"...anyone knows whether this $300M fab has been built? Kris
thank you @xprmntl..."former auto plant “Moskvich” in Moscow"...this is very nostalgic for me! my dad owned a "Moskvich", since most people are not familiar with it just a single comment: "Moskvich" was one of the early East European cars in the 50-ties...glad to see that MRAM memories with be manufactured now (so it seems, the link still talks about the future)...Kris
The building was built in 1929 and has only seen auto and military fabrication. It has been shuttered since bankruptcy in 2002 except for a partial occupation to build some Renaults in 2005 before going bankrupt, again. State of the art...
Yes, it was like a highly unreliable light tank! but that was pretty much a norm in Eastern Europe these days...East German Traubants were made out plastic, you could throw an apple at it and the body would bent ;-)
That's indeed interesting. I had phrased my question in the wrong way, I was intrigued by Crocus going a non-foundry route, similar to Everspin, but still different since it is a JV between Crocus and Rusnano.