Microchip Technology to open branch in Armenia

|

USD

376.96

EUR

433.96

RUB

4.6804

GEL

139.93

07.03.2023, 19:35

Armenian Prime Minister Nikol Pashinyan received today Vice President of U.S.-based Microchip Technology Bruce Weyer, the government press service reported.

Microchip Technology to open branch in Armenia

YEREVAN, March 7. /ARKA/. Armenian Prime Minister Nikol Pashinyan received today Vice President of U.S.-based Microchip Technology Bruce Weyer, the government press service reported.

It said Pashinyan welcomed Microchip Technology's cooperation with Armenian Instigate Semiconductor to open a branch in Armenia. He also noted that development of the IT sector is one of the government's priorities, and steady growth is being recorded in this strategic area.

"We appreciate the involvement of famous IT companies in the Armenian market and we are ready to support investment processes, which will boost innovations in our economy," he said.

In his turn, Weyer noted that Microchip Technology is interested in implementation of projects in Armenian market and plans to work in such directions as software, production of microchips and industry education.

Views on cooperation in the sphere of high and information technologies were exchanged at the meeting.

Microchip Technology Inc. is an American manufacturer of microelectronics, 8-, 16- and 32-bit microcontrollers, digital signal controllers, as well as analog and interface products. -0-

Yerevan will "reap little from the construction of Western data centers" in Armenia: Overchuk

Yerevan will gain little from the construction of Western data centers in Armenia, and the long-term effects will be mostly negative, according to Russian Deputy Prime Minister Alexey Overchuk.

02.04.2026 13:12

Property tax for electric vehicles has been reduced in Armenia since April 1

Property tax for electric vehicles has been significantly reduced in Armenia under a new calculation procedure, announced Narek Sargsyan, press secretary of the RA Ministry of Internal Affairs.

01.04.2026 10:46

Armenia could become a key market for digital residential management in South Caucasus – CEO Unitify

Against the backdrop of active housing construction and rising service quality demands in Armenia, the topic of digital management of residential complexes is becoming increasingly relevant.

31.03.2026 12:38

Regional youth forum "DemArDem: Dialogue of Generations" was held in Vagharshapat with the support of Ucom

With the support and active participation of Ucom, the annual regional forum "DemArDem: Dialogue of Generations" was held in Vagharshapat. It was organized by the public organization "Children of the Regions in the Regions."

30.03.2026 15:58

Armenia prepares for Sevan Startup Summit 2026: startups and investors will gather on one platform

The next Sevan Startup Summit 2026 will kick off in Armenia on July 26, announced RA Minister of High-Tech Industry Mkhitar Hayrapetyan.

30.03.2026 14:56

Synopsys strengthens cooperation with Armenia in education and technology - Vice President

Synopsys reaffirms its long-term commitment to supporting the development of education in Armenia, stated Raja Tabet, Senior Vice President of the Engineering Excellence Group at Synopsys (USA), at a meeting with RA Minister of High-Tech Industry Mkhitar Hayrapetyan.

30.03.2026 14:06

Prominent Armenian Statesman Levon Sahakyan Passes Away at 89

Levon Gurgenovich Sahakyan, a distinguished public and political figure, has passed away in Moscow at the age of 89.

27.03.2026 20:56

Armenia adheres to the principle of open and transparent development of AI technologies – Deputy Prime Minister

Armenia adheres to the principle of open and transparent development of AI technologies and supports the initiative to prepare a joint statement on the responsible development of AI within the Eurasian Economic Union (EAEU).

27.03.2026 14:12