Russia Market Remains Robust ─ Latest Market Developments Showcased at SEMICON Russia 2015

Russia Market Remains Robust ─ Latest Market Developments Showcased at SEMICON Russia 2015

By Evgeny Suvorov, regional director, SEMI Russia

Over 1,400 professionals convened at SEMICON Russia this year (16-18 June), demonstrating that market interest and business opportunities in Russia remain strong. SEMI in Moscow continues to extend the program of the main microelectronic Forum in Russia, with over 90 speakers. 2015 novelties included a new program and exhibition zone targeting startups, and a session dedicated to Russia-Taiwan cooperation, alongside traditional technology programs on Smart Systems and Optoelectronics.

Investment opportunities in Russia are currently mainly driven by government strategy to develop domestic industries and public funding programs and present significant potential for companies interested in getting involved. The Microelectronic Market Conference attracted more than 140 executives, engineers and specialists and offered insights to the international and local market, Russia’s microelectronic development strategy, local clusters and infrastructure projects.

The Russian startup scene was showcased in a new platform, the StartupZONE, launched for the first time this year. It featured a total of 28 start-ups and growth companies, all Russian, showcasing their competencies in biotech, smart systems, power and energy. Access to venture capital is a key problem cited by startups in Russia also, in particular those active in the micro-electronics sector that is characterized by high risk and capital investments and a later return on investment. The StartupZONE offered a platform for startups to attract investment. It was sponsored by the General partner of StartupZONE - Fund of Infrastructure and Educational Programs of Rusnano (FIOP), and over 15 investors and industry experts were present, including high-profile Russian high-tech funds as Skolkovo, RVC, and GS Venture.

Alongside the traditional SEMICON Russia participants, 2015 saw increased interest from Asian players.

The Russia-Taiwan Forum was jointly organized by the Industrial Technology Research Institute of Taiwan (Russian office) (ITRI), Metal Industries Research and Development Centre of Taiwan (MIRDC), SEMI Taiwan and SEMI Russia. More than 15 delegates including SEMI Taiwan representatives visited the Moscow, St. Petersburg, Zelenograd and Troitsk clusters to meet potential customers and partners. During the Forum, a Memorandum of Cooperation was signed between SEMI Russia and the Metal Industries Research and Development Centre, aiming to facilitate cooperation and business opportunities for the organizations’ respective members in Taiwan and Russia.

A Chinese delegation consisting of 12 exhibiting companies was present at SEMICON Russia this year. On the eve of the show the delegates were offered industrial visits in Zelenograd, the main microelectronic cluster in Russia. During the day, attendees learned about the main facilities of large Russian microelectronic companies such as Micron, Angstrem-T, Zelenograd nanotechnology center, and ESTO Group.

The traditional TechARENA program featured during SEMICON Russia 2015 focused on Smart Systems, chaired by Professor Thomas Gessner from Fraunhofer ENAS, Chemnitz and on Optoelectronics, showcasing the outcomes of R&D and implementation projects in light-based technologies.



Global Update

July 1, 2015