Azeri high-tech sector to develop cutting-edge chip production

Azeri high-tech sector: Azerbaijan’s government has announced that it is to allocate $7m to its ICT sector for the development of state-of-the-art chip production facilities. The initiative will be spearheaded by the Advanced Technology Research Centre of the Communications and High Technologies Ministry which is is now investing its training capacity. The aim is to free Azerbaijan’s ICT sector from the need to import chips for the production of telephone handsets, LED light sources, micro and nano-electronic devices, biological systems, and certain defence projects. Overall investment in the development of the ICT sector in Azerbaijan is expected to rise to $4 billion by 2020. Azernews