GS Group proposes step change for Russian technology industry

Editor | 15-11-2013

Russian broadcast services and set-top box provider GS Group has spread its wings to suggest new steps to increase competitiveness in the country's microelectronics industry.

As well as being the largest manufacturer of TV-receiving equipment in Russia and the key supplier of equipment and technological partner of Tricolor TV, GS Group is a multi-industry international hi-tech holding.

At the conference 'Strategy of Russian business within the WTO', the company drew up a specific list of measures to help the Russian microelectronics industry enter international markets within the World Trade Organisation (WTO). GS Group also proposed a solution to simplify the customs formalities referring to components for production of microchips and certification of products, as well as significantly reduce the duty on modern equipment for microelectronics manufacturing.

"One of the main factors that will help Russian microelectronics go global, as we believe, is increasing governmental support of the industry by analogy with the way it is implemented in the EU and Southeast Asian countries which are leaders in this sphere," said Andrey Bezrukov, GS Group marketing director. "For example, it can be implemented in the form of annual subsidies to target competitive manufacturers, financial support for R&D or by creating incentives for starting production in the field of consumer electronics in the territory of Russia."