To our surprise it turns out that a Russian government gave the money and bought between 300 and $500 million of equipment. This is the part of Russian initiative to get its country more nanotechnology resources and god knows that they have the money.
The government gave away some 5 billion total as it wants to get some improvements in nanotechnology.
AMD is still not ready to announce this deal and we are sure that Federal Trade Commission as well as the European Union wont go easy on such a deal. If the trade commissions say yes, then a piece of old Dresden equipment will go to Russia.
Russia wants piece of AMD's Dresden fab
Posted on Monday, Aug 20 2007 @ 19:54 CEST by Thomas De Maesschalck