Friday, January 27, 2023
HomeDigit NewsThe profit of the Russian developer of chips "Elvis" was reduced by...

The profit of the Russian developer of chips “Elvis” was reduced by 100 times

The financial results of the work of the Russian microchip developer Zelenograd Research and Production Center “Electronic Computing and Information Systems” (JSC NPC Elvis) last year have been published.

According to the source, the company’s revenue in 2021 amounted to 1.1 billion rubles, which is 55% lower than a year earlier (2.4 billion rubles). At the same time, the company’s profit decreased by about 100 times: at the end of the year it amounted to 2.5 million rubles, while a year earlier it was 237.1 million rubles. At the same time, the company’s balance sheet more than doubled: from 3 billion to 8.5 billion rubles. Elvis could not comment on financial performance.

138 government contracts were concluded with Elvis for a total of 9.4 billion rubles. For 2021, there is one government contract in the amount of 390.6 million rubles. with the Ministry of Industry and Trade. In 2020, there were two of them (one for 132.7 million rubles with the Ministry of Industry and Trade, the second for 3 million rubles with the N.E. Zhukovsky Institute).

Elvis specializes in the development of microcircuits for communication systems and telecommunications equipment. Elvis also develops and manufactures security systems based on artificial intelligence technologies, computer vision, biometric identification and radar surveillance.

Download Link

In early April, it became known that Elvis-neotech (a joint project of Rosnano and Elvis) was selling the rights to a new generation multi-core microprocessor chip for processing video streams and VIP-1 images, based on TSMC 40nm. The starting price is set at 470 million rubles.


- Advertisment -


Two Wheeler

Digit News