Yandex, VTB, Lanit Group to set up JV

AK&M 07 June 2021 17:13

Yandex, VTB and Lanit Group, the manufacturer of Gigabyte hardware, will set up a joint venture, Yandex informed.

The joint venture will open an engineering center to design servers and offer its products in Russia and abroad. The first servers should be supplied in 2022.

Even before the plant opens, Yandex plans to partially transfer the production of its servers from China and Taiwan to Russia.