Programa BNDES Mais Inovação - financing of R$ 290 million for Adata Integration Brazil SA
Programa BNDES Mais Inovação
Country
Brazil
State / City
Santo Antônio de Posse; Manaus
Posted date
2024-03-04
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The Brazilian National Bank for Economic and Social Development (BNDES) has approved a financing of BRL 290 million for Adata Integration Brazil S/A to produce three new semiconductors in the country. The financing from the BNDES Mais Inovação Program will allow Adata to acquire imported equipment and develop new production processes that will expand the company's insertion in the national semiconductor production chain. The total investment is BRL 374 million. The three new integrated memory circuits (semiconductors) to be produced are the DDR5, LPDDR5, and the uMCP.
Instrument
Loan & Loan Guarantees
Allocation of Funds
Purpose
Investment promotion
Import substitution
Industrial research
Innovation
Self-reliance
National security
Agency
Banco Nacional de Desenvolvimento Econômico e Social (BNDES)
Sector
Semiconductors & Semiconductor Equipment
Data+Law uuid
BRA_03723_Grant
Source
Source link
