As several countries around the world seek to develop their semiconductor industries and reduce their dependence on foreign chips, the Brazilian government awarded a loan of USD 19 million to HT Micron, a semiconductor manufacturer based in São Leopoldo, a city in the southernmost state of Rio Grande do Sul.
First announced in the final moments of the former Jair Bolsonaro government, the contract will allow HT Micron to develop its uMCP (UFS-based multichip package) line of chips, gradually phasing out its current eMCP (embedded multichip package) chips with the new line.
uMCPs take up less space in smartphones and tablets and increase the devices’ data transfer speed, meeting the industry’s needs for 5G implementation around the country. Operating under South Korean control, HT Micron manufactures components for smartphones, computers, and televisions for brands including Samsung, Lenovo, and LG.
In a statement, Aloizio Mercadante, head of Brazil’s National Development Bank (BNDES), emphasized that supporting HT Micron’s expansion plan is a crucial step in advancing the country’s high-tech industry.
Speaking to The Brazilian Report, the BNDES stressed that it has observed the “growing importance” of the semiconductor industry in the...
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