The benefits of devaluation? Russian companies transfer electronics assembly from Asia to Russia

    Many might have noticed that recently the ruble / dollar exchange rate has somewhat changed in the direction of the collapse. Depreciation of one's own currency is one of the effective measures to stimulate the economy during a recession. Import is decreasing, which stimulates domestic producers. Salaries of the population are reduced (in dollar terms), this reduces the cost of domestic products and makes them more competitive.

    Russian electronics manufacturers have benefited from the devaluation of the ruble, Vedomosti writes .

    For example, the Datakam company (which produces car DVRs, walkie-talkies, etc.) transferred part of the assembly production from Taiwan to Moscow. Due to savings in import customs duties, reduced logistics costs and lower wages for workers in general, the cost of Datakam registrars assembled in Russia is 20% lower than in Taiwan, said company owner Vladislav Mehantsev. He added that labor costs per employee are three times lower than in Taiwan.

    Flexibility of assortment and production of goods in small batches is another advantage of local assembly. Localization of production allowed expanding the range of devices and developing new models of walkie-talkies. In less than a year after the assembly was transferred to Russia, the level of reject decreased from 3 to 0.5%, and the labor productivity of Russian assemblers was 2.5 times higher, the company owner said. Printed circuit boards for Datakama radios are now made in Yekaterinburg, and polymer batteries in Lipetsk.

    Another manufacturer that has benefited from devaluation is Vokord, a developer of video surveillance and face recognition systems, writes Vedomosti. Director General of the company Timur Vekilov assures that the quality of the products of Russian assemblers is not inferior to foreign counterparts, but much cheaper: “Of course, there are components that are not produced in Russia, and we are forced to order them abroad. But their share in the cost of our products has always been insignificant and, apparently, will be reduced. ” He says that earlier the costs of manufacturing equipment in Russia and abroad were about the same, but now assembling in Russia is often cheaper.

    For the GS Group company (it owns electronics manufacturing enterprises in the Kaliningrad region) a couple of years ago, assembling electronics in China was much cheaper than in Russia. But due to the fall of the ruble, the preparation of molds and related processes for the assembly of electronics in Asia almost doubled in price for Russian B-brands. Therefore, the location of assembly production in Russia has become much more attractive to them.

    The president of the Aquarius group of companies, Alexander Kalinin, believes that thanks to the devaluation, the revenues of Russian pickers will grow to 15%.

    GS Nanotech (as part of Technopolis GS) began with the assembly of RAM chips, and now has developed and produces its own SiP Amber S2 processor. Kraftway manufactures its own motherboards, tablets, servers, communication equipment and other equipment on its motherboards at a plant in Obninsk.

    It turns out that thanks to the crisis in Russia, they finally began to produce modern electronics.

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