Russian Chip Giant Goes Bankrupt; China’s Chip Industry in Disarray, 14,600 Closures in 2024
Russian Chip Giant Goes Bankrupt; China’s Chip Industry in Disarray, 14,600 Closures in 2024
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One of Russia's largest chip manufacturers, Angstrom-T, has declared bankruptcy due to its inability to repay approximately 9.9 million US dollars in debt. The announcement has drawn significant international attention.
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