Russian semiconductor company Angstrem, which is based in Zelenograd near Moscow, has announced that it is to offer 90nm foundry services.
The company has apparently licensed 90nm process technology from IBM and wants to build a 110-130nm fab to house $300m worth of fab equipment.
The fab gear has been sitting around gathering dust since the company bought it from AMD in 2008.
It is not the only Russian chip maker which has cunning 90nm plans. Sitronics/Mikron has announced that it will double production with a new 90nm line capable of running 36,000 eight inch wafers a year.
Sitronics/Mikron is running memory ICs on the line and plans to run telecoms chip-sets and SIM cards.
Gennady Krasnikov, head of Sitronics and chairman of Mikron, said his company could now offer a range of integrated circuits, including RFID, and supply them for export, especially to Southeast Asia.
He said that Mikron will develop 65-45-32nm processes at the Molecular Electronics Research Institute (MERI) although its plans for a 65/45 nm fab building project are on hold.
It will be also necessary to deliver and install process equipment which it aslo bought from AMD in 2008 for about €300 million.
Electronics Weekly says that MRAM maker Crocus Technologies has $300m from Rusnano to invest in a 90nm 300mm MRAM fab capable of 500 wafer a week. It is planned to be in operation in two years time.
Russia has been pouring investment into its local chip industry. Russia's Minister of Industry, Denis Manturov, recently said that the Russian government will invest $16 billion in its electronics industry between now and 2025. The government wants to see chips made for its automotive, energy and defence industries.