Judging by the information available from online sources Baikal Electronics have selected a different approach compared to other Russian microprocessor initiatives such as the Elbrus-2SM, Elbrus-8S by MCST, and the Multiclet line of chips.

T-NANO, a future investor in Baikal Electronics, registered on march 3, 2012 as a joint venture of T-Platformi (50.5%) and the Russian Direct Investment Fund (49.5%).

[18] On August 31, 2015, an investment loan of M500 rubles was procured by the Council of the Industry Development Fund to be used to secure the production of T1 processor.

[19] In September, 2015 Chinese Lenovo declared[20] a memorandum of cooperation and announced a series of computers based on Baikals with the ThinkCentre Tiny-in-one 23 built on T1.

On November 18, 2019, the company disclosed it was intending to start mass production of server Baikal-S part by the end of 2020.

On August 24, 2020, the Trade Ministry filed a lawsuit against the company for the alleged failure of production of Baikal-M processors (ARM-based) requesting M500.5 rubles of subsidies be reimbursed.

On October 30, 2020, the Ministry of Trade marked Baikal-M as grade 2 domestic product referencing the Government Act 719 from June 17, 2015.

However, these did not materialize by September 2021, the company stating the disruption of the supply chain due to the coronavirus pandemic and the global chip shortage as a cause.

All new processors were to get 512 KB of cache for each core, one DDR3/DDR4 memory controller, Mali-T628 graphics IP, PCIe Gen3 (4+4+4 lanes) and SATA III (6 GB/s) interface.

By June 2021 the T-platforms closed the sale of their share, the buyer Varton Group received over 70% of the company’s capital.

July 2, 2021 marked the start of a new strategy, confirmed by the board of directors, aiming to invest B23 rubles in the processor development up until 2025.

The company also disclosed the plans for an Armv9 Baikal-M2 aimed for desktops and all-in-ones, Baikal-L for notebooks and tablets, Baikal-S2 for data storage devices, servers and supercomputers.

As the main factor leading to insolvency were named the attempts of Russian government to replace Western products with domestic ones.

[24] The Baikal-T1 mainly targets applications for networking and industrial automation, with features such as hardware support for virtualization and a high performance 128-bit SIMD engine.

[30] In October 2021, Baikal Electronics announced that it had started shipping the BE-M1000, a System on a Chip with eight ARM Cortex-A57 cores, an 8-core Mali-T628 GPU, HDMI, PCI Express, 10 Gb Ethernet and SATA.

Baikal Electronics plans to ship 15.000 CPUs per month, mostly to Russian state-owned companies running government-approved software such as Astra Linux.

[31] On 17 December 2021, Baikal-S server processor with 48 ARM Cortex-A75 cores was presented at the annual final conference of Baikal Electronics.