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

Fashionable and Functional: Stylish iPhone Cases for Every Style

Gone are the days when iPhone cases were just for protection. Today, iPhone cases have become a fashion statement and an extension of our personal style. With…

LED Flood Light

High Mast LED Flood Light – Great Choice for Illuminating

When it comes to large outdoor areas that require a variety of lighting fixtures, high-mast LED floodlights offer the best solution. This is because of their brighter…

The Power of the Psychic: The Best Clairvoyance by Phone Services to Help You Manifest Your Dreams

The Power of the Psychic: The Best Clairvoyance by Phone Services to Help You Manifest Your Dreams

Many people believe that clairvoyance and psychic readings are simply a form of entertainment, but in reality, these services can be powerful tools to help you manifest…

Hyperspin

Unleash Your Inner Gamer with Hyperspin’s Extensive Game Library

Are you tired of scrolling through the same old games on your console or computer? Do you wish there was a way to access all of your…

monitors a phone's activities

Tsafely Review

Tsafely is a mobile device monitoring app that helps parents and employers keep tabs on their kids or workers. It’s only legal to use the software on…

content automation

Top 4 Content Automation Platforms for Websites

Using content automation can be very beneficial for your website, especially when it comes to increasing your sales and conversions. You can automate various tasks, such as…

Leave a Reply

Your email address will not be published.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