TSMC, Intel, GlobalFoundries, and other chipmakers have begun halting deliveries to Russia in response to U.S. sanctions

The global computer chip industry, including the giant Taiwan Semiconductor Manufacturing Company, has begun halting sales to Russia in the wake of U.S. sanctions aimed at punishing Moscow’s invasion of Ukraine.

The Biden administration announced the sanctions Thursday, saying they would cut off more than half of Russia’s high-tech imports and kneecap the country’s ability to diversify its economy and support its military.

The ban, which is also being enacted by major U.S. allies, is designed to choke off deliveries to defense and other high-tech buyers in the aerospace and maritime technology sectors, but not to block deliveries of consumer electronics, the Biden administration said.

TSMC has suspended all sales to Russia and to third parties known to supply products to Russia while it sorts through the sanctions rules to ensure it fully complies, according to a person familiar with the company’s business, who spoke on the condition of anonymity to discuss sensitive matters.


https://www.washingtonpost.com/technology/2022/02/25/ukraine-russia-chips-sanctions-tsmc/

Related Posts

Using Internet Explorer Online for Legacy Application Testing

In today’s fast-paced world of ever-evolving browsers and technologies, navigating the landscape of legacy application compatibility can be challenging and necessary. Internet Explorer Online emerges as a…

Choosing the Right Captcha Solving Service for Your Needs

Choosing the Right Captcha Solving Service for Your Needs

In the realm of online security, Captchas stand as digital gatekeepers, separating human users from automated bots and ensuring the integrity of websites and applications. However, for…

The Ultimate Guide to Outreach: Tips and Best Practices

The Ultimate Guide to Outreach: Tips and Best Practices

Introduction Outreach is a crucial component of any successful marketing strategy. It involves building relationships with influencers, bloggers, and other industry professionals to promote your brand, products,…

Remove Trees and Stumps with Safe and Effective Tree Removal and Stump Grinding Solutions

Tree removal and stump grinding are important services that can help you keep your outdoor space safe, beautiful, and functional. Whether you need to remove a tree…

From Market to Mansion: The Changing Face of Estate Agents in the UK

Introduction Embarking on a riveting exploration, our journey into the transforming world of real estate begins with the phrase “estate agents in the UK.” This phrase not…

The Hottest Slot Games by Spadegaming on Autobola

The Hottest Slot Games by Spadegaming on Autobola

Overview of Spadegaming Slots on Autobola Spadegaming is a renowned slots game developer known for its captivating and thrilling mobile games that keep players entertained for hours…

Leave a Reply

Your email address will not be published. Required fields are marked *