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70% Of Memory Circuits For Cellular Telephones Designed In Armenia

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  • 70% Of Memory Circuits For Cellular Telephones Designed In Armenia

    70% OF MEMORY CIRCUITS FOR CELLULAR TELEPHONES DESIGNED IN ARMENIA

    Arka News Agency, Armenia
    Sept 25 2006

    YEREVAN, September 25. /ARKA/. 70% of memory circuits for cellular
    telephones are designed in Armenia, Director General of Synopsys
    Armenia Hovik Musaelyan told a press conference.

    According to him, chips for satellites and space equipment are designed
    in Armenia as well.

    Musaelyan expressed regret over the fact that local profitable
    production of these chips is yet impossible in Armenia.

    Armenia's IT sector comprises 100 companies, 30% of them shared in by
    foreign capital. A total of 5,000 people are employed in this sphere.
    From: Baghdasarian
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