Putin’s attack on Ukraine has plunged Russia’s IT and electronics industry into deep crisis: tens of thousands of talented specialists have left the country, modern chips are scarce and electronics markets have deflated. Chinese carriers fill the gap left by companies like Apple and Samsung in the smartphone sector. But Russia wants to build its own smartphone industry.
The founder of one of the largest Russian IT companies, the National Computer Corporation (NCC), recently explained in the Russian media: Alexander Kalinin wants to invest 10 billion rubles (124 million euros) in the development of a new Russian smartphone brand. He hopes to reach a market share of 10 percent within three years. But the ambitious project is fateful. The backgrounds.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
