Chip manufacturer HT Micron, a joint venture between Korean firm Hana Micron and Brazilian company Parit Participações, is set to present this week the first lot of chips developed in Brazil, local news source Convergência Digital reported.
The chips are part of company's first commercial lot and were developed in a ''clean room'' lab - an environment with a low level of environmental pollutants such as dust, airborne microbes, aerosol particles and chemical vapors - in Universidade do Vale do Rio dos Sinos (Unisinos), in the city of São Leopoldo, Rio Grande do Sul state.
The presentation of the chips is scheduled to take place during a three-day Korean-Brazil summit of science, innovation and technology at Unisinos. The summit will address the segment's outlook and the projects being carried out in partnership by both countries.
Besides producing at the Unisinos lab, HT Micron is also investing in building a factory of its own. According to Convergência Digital, some US$200mn shall be funneled to this project over five years, and the firm expects to have US$300mn in revenues by 2012 and U$1bn by 2015.
Last year, São Leopoldo's technological hub was selected to host HT Micron's semiconductors testing and encapsulating factory, likely to be Brazil's largest when finished.
Besides chips and semiconductors, HT Micron's goal is to also invest in the production of hard disk memory, flash memory devices like USB, SD cards, mobile integrated circuits, digital TV integrated circuits and set-top boxes, among other equipment.