Rosnanotech, Intel to cooperate in developing nanotechnology

The state-run Russian Nanotechnology Corporation, or Rosnanotech, and Intel, the world's biggest chipmaker, signed an agreement of intent on Saturday to cooperate in developing nanotechnology, Rosnanotech's press office said.

The agreement was signed during the St. Petersburg International Economic Forum.

The companies have agreed to cooperate in producing nanomaterials and nanosystems and applying them in nanoelectronics and other spheres.