Brazil's Zilia Secures BRL 143.3 Million in BNDES Financing to Expand Semiconductor Production

en.Wedoany.com Reported - The Brazilian National Bank for Economic and Social Development (Banco Nacional de Desenvolvimento Econômico e Social, BNDES) has approved BRL 143.3 million in financing for Zilia Technologies to research, develop, and expand production of key semiconductors used in smartphones, computers, tablets, smart TVs, automobiles, printers, security devices, and other equipment essential to people's daily lives.

The funds come from the BNDES Mais Inovação program, with the project planning to expand and upgrade Zilia's factory in Atibaia, São Paulo state.

BNDES President Aloizio Mercadante stated that manufacturing and developing semiconductors locally in Brazil is a strategic step to reduce dependence on imported components and strengthen product localization, noting that local production can lower costs, enhance market competitiveness, and promote the training of a highly skilled workforce.

The bank is closely monitoring the global restructuring of technology chains, predicting deep integration of semiconductors, advanced hardware, and artificial intelligence over the next decade. Technologies such as artificial intelligence, machine learning, and big data impose higher demands on storage devices, and BNDES's financing will accelerate Zilia's entry into new technology areas such as high-performance memory.

Zilia currently produces over 150 million chips and 7 million modules annually, primarily memory and storage devices for computers, mobile phones, and servers. Its main clients include global information and communication technology companies operating in Brazil.

The project plans to acquire production equipment for testing, assembly, processing, and measurement. Fund disbursement will depend on the signing of the financing contract and fulfillment of other obligations, following the project timeline submitted by Zilia.

The company operates factories in Atibaia (São Paulo state) and Manaus (Amazonas state), employing 700 professionals. It expects to hire approximately 100 new employees annually by the end of this decade, focusing on talent in engineering, advanced manufacturing, and research and development.

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