YEREVAN, OCTOBER 12, NOYAN TAPAN. "The greatest obstacle to our activities in Armenia is high tariffs and low quality of telecommunication services - Internet and phone connection," Aram Kablanian, Chairman and Chief Executive Director of the company Virage Logic (US), stated at the October 12 press conference on the 10th anniversray of the company's operation. According to him, the above mentioned obstacles reduce the cooperation opportunities with customers of the company's Yerevan branch. Virage Logic is a world leader in the development of semiconductor memory, logic, entry and exit devices. It has 300 institutional customers, among them such companies as Sony, Phillips, IBM, ABI, and Toshiba. Its Armenian branch opened in 1999. In the words of A. Kablanian, last year the branch ensured a stable growth in the number of its employees - from five to 110. The total number of employees at all the 6 branches and offices of Virage Logic makes 425. The company's co-founder and vice-chairman Alex Shubat pointed out such achievements of the Yerevan branch as the development of the main components of the memory and reproducing device for MP3 music files by Armenian specialists.

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