Moscow police say 250 people take part in protest rallyWorld April 29, 16:29
Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts say Russian hackers strongly demonized in USRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
Pope Francis blesses pregnant TASS correspondent en route to EgyptWorld April 28, 18:55
Russian diplomat says use of military force against North Korean unacceptable, dangerousRussian Politics & Diplomacy April 28, 18:45
UN chief calls for lowering risk of miscalculation concerning North Korea issueWorld April 28, 18:15
Moscow deeply regrets Montenegro’s decision to join NATORussian Politics & Diplomacy April 28, 18:07
ZELENOGRAD, August 3. /TASS/. Over 170 bln rubles ($2.5 bln) will be allocated to finance the national microelectronics industry development program by 2025, Prime Minister Dmitry Medvedev said on Wednesday.
"Fairly huge amounts are allocated for these goals," Medvedev said. "Total financing of programs from the federal budget will be over 170 bln rubles ($2.5 bln), for the period from 2013 to 2025," he said.
At the same time, the share of national electronics should grow 1.5 times on the national market and the share of export - by 3.5 times, Medvedev said.
"Target figures are in place: the share of domestic radio electronics should grow 1.5 times on the domestic market, at least to 36% by 2025, while export should be up 3.5% times against the year of 2015, that is, by 350%," he added.
Guaranteed government procurements of domestic microelectronics will amount to 75 bln rubles ($1.1 bln) by 2018 year-end.
According to the premier, growth rate of the Russian microelectronics industry is about 10% per year but a problem with export exists.
"The segment is developing fairly quickly at large; the annual growth rate is about 10%," the PM said. "However, problems are also in place: production is largely focused on domestic consumers for the time being," Medvedev added.
The microelectronics segment determines the development area of industrial technologies for coming decades, the premier said. "Its development is of particular significance for the economy and for security provision," he said.
Russian electronic products are largely focused on the domestic market but export should also be taken into consideration, Medvedev said.
"Less than 25% of products are exported so far," he said. "The share of Russian products on the domestic market has not yet become material; it is 20%," he added.