Moscow to host Rusnano?s car magnetic sensor production; French technology tapped

Moscow to host Rusnano?s car magnetic sensor production; French technology tappedMoscow?s former AZLK site will host production of magnetic sensors for cars, a joint project between Russia?s Rusnano and France?s Crocus Technology.

Moscow will host Russian domestic production of magnetic sensors for cars, Cnews.ru reports. It is a joint project between Rusnano, Russia?s nanotech giant, and France?s Crocus Technology. Rusnano is reported to have invested 3.75 million euros in the project. The production line is expected to start operation this coming fall on the premises of AZLK, a former auto-making site in Moscow now redesigned into the Moscow Technopolis. To launch the production the Russian party has licensed a technology owned by Crocus Technology, a developer of magnetic sensors since 2006. According to an IHS iSuppli estimates, the international market for automotive semiconductor magnetic sensors reached $812.2m last year, up 11% year-on-year. At the moment, the world?s largest suppliers of magnetic sensors are reported to include the U.S.? MicroSystems of Massachusetts, Germany?s Infineon Technologies, Switzerland?s Micronas, Belgium?s Melexis NV, and the Netherlands? NXP Semiconductors...





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