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Russian Chipmaker Baikal Goes Bankrupt, Assets Valued at Only $5 Million
(www.tomshardware.com)
This is a most excellent place for technology news and articles.
The problem is: They don't actually produce anything. They are fabless.
No, baby. You're fabulous.
Wait, then what DO they do?
They design the chips and the software needed to work with it. They write the code in a HDL (Hardware Definition Language) and test them in simulation runs, and when everything works, they synthesize the chips' masks from it.
Oh, ok. So like an architect makes the blueprint and then sends it off to the engineers to build.
Exactly.