Baikal

Russia’s first commercial computer chip to hit market in early 2016

Baikal Electronics has announced plans to launch the production of Russia’s first computer processor for civil use, the Baikal-T1, early next year. Targeting both domestic and international customers, the Russian processor will cost about $60 apiece, reported RBC, a Russian business publication. The two-kernel processor is reported to use a 32-bit MIPS Warrior kernel. The developer is expected to …

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Far East and Baikal Regional Development Fund to be bumped up by 200 times

The Far East and Baikal Regional Development Fund, which was set up a year ago, may be increased considerably, the innovation news portal Venture-News.ru reported last week. Currently, its authorized capital is $15.5 million; but it may soon be boosted to as much as $3 billion or more. The idea came from Russian President Vladimir …

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MTS $27 million Transbaikalia expansion posted

Mobile provider MTS has plans to put up $27 million between now and 2013 to expand its Transbaikalia networks, RIA Novosti reports. Under plans, the firm will bring 3G networks to more than 50 localities and 2G networks to 30,000 people in 28 more towns of Transbaikalia

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