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US Applied Materials refuses to supply equipment for manufacturing memory chips in Russia

August 19, 2014, 10:19 UTC+3 MOSCOW
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MOSCOW, August 19. /ITAR-TASS/. US corporation Applied Materials has refused to supply equipment for the plant which will manufacture MRAM memory chips in Moscow, head of Russia's Rosnano corporation Anatoly Chubais said in an interview with ITAR-TASS. Rosnano participates in the project to build the plant. The project is being implemented by an international consortium.

Rosnano participates in the project to build the plant, which is being implemented by an international consortium.

"We're at the final stage of construction of large company Crocus Nano Electronics in a Moscow industrial zone which will produce MRAM memory chips," Chubais said. Applied Materials which had to supply part of equipment, backed out of the project. The equipment in question is dual purpose technology which cannot be exported because of effective sanctions against Russia.

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