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Toshiba establishes credit card chip design joint venture in Brazil

Source: Internet
Author: User
Keywords Credit cards Chips Toshiba
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Sina Science and technology news Beijing time of August 12, Toshiba announced 11th, and production and sales of computers, copiers and other products, Brazil semp Toshiba Informática Company (STI) in Sao Paulo, Brazil, set up a chip design joint venture.　　The new company will be designed mainly for credit card wireless integrated circuits (IC) and other products, the local credit card market has great potential for development. The joint venture company, known as STI semiconductor design Brazil, has a registered capital of USD 4 million, with a holding rate of STI 70% and Toshiba 30%. The existing number of employees is planned to increase to 30 in 3 years. (Wood)

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