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Flávio Bolsonaro's campaign wants to shut down Brazil's state chipmaker. Again

Ceitec is the only plant in Brazil that fabricates semiconductor wafers. Photo: MCT

Ceitec is the only plant in Brazil that fabricates semiconductor wafers. Photo: MCT

Ceitec, Brazil's state-owned semiconductor company, is back on the chopping block. Daniella Marques, the economic coordinator of Senator Flávio Bolsonaro's presidential campaign, told business leaders in São Paulo this month that a Flávio Bolsonaro administration would discontinue the company as one of its first moves. She argued that Ceitec makes no economic sense and carries more labor liabilities than revenue…

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