In Zelenograd they will begin to collect microcircuits for SIM and bank cards.

Research and development work on the projects, as well as preparation for production, will begin in 2028, and in 2030 the company’s products will begin to be sold on the market.

The plant plans to receive more than 3 billion dollars from the sale of chips for USB tokens before 2030; Experts interviewed by the newspaper believe this is a feasible task, taking into account market realities.

NM-Tech plans to produce and sell:

• microcircuits for UHF tags used in transport cards (sales start in 2027, production volume: 4.8 billion rubles).

• U-chip microcircuits necessary for the production of foreign passports (sales start in 2029, production volume: 3.9 billion rubles).

• secure microcircuits for SIM cards and M2M chips used in Internet of Things devices (start of sales in 2028, total production volume: 7.3 billion rubles).

According to the plant itself, all new projects have an export potential of approximately $1.5 million in total. The company did not respond to Kommersant’s request for comment. The press service of the Ministry of Industry and Trade informed the publication that the amount of funding for research and development of domestic microcircuits is classified.

According to the Rusprofile database, NM-Tech LLC was registered in 2019 and is owned by the VEB group of companies. In 2023, the company earned 232 million rubles, 2.5 times more than in 2022.

According to an April study by Kept (formerly KPMG), in 2023 the Russian microelectronics market will consume products worth 289 billion rubles, of which 220 billion were imports.