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HomeWorldRussia purchased chips from...
January 25, 2024

Russia purchased chips from the US and EU worth more than $1 billion. – Bloomberg

By David
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    In 2023, the Russian Federation imported chips from the USA and Europe worth over $1 billion.

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    More than half of the semiconductors and integrated circuits imported into the Russian Federation in the first nine months of 2023 were manufactured by American and European companies. The aggressor country purchased chips manufactured by Intel Corp, Advanced Micro Devices, Analog Devices Inc, Infineon Technologies AG, STMicroelectronics NV and NXP Semiconductors NV. This was reported by Bloomberg with reference to classified data from the Russian customs service.

    According to the media, there is no suggestion that the companies violated sanctions legislation, and the data does not indicate who exported the technologies to the Russian Federation, where they were sent from or when the goods were produced.

    The above companies have stressed that they are in full compliance with sanctions requirements, have ceased operations in Russia following the full-scale invasion, and have implemented processes to monitor compliance with sanctions. These corporations are already working to combat the illegal diversion of goods, including in collaboration with the relevant authorities.

    It is noted that this trade highlights the difficulties faced by the United States and the EU in cutting off high-tech supplies to Russia as a result of sanctions already imposed.

    Bloomberg also writes that the vast majority of Western technologies end up in the aggressor country through re-export from third countries, including China, Turkey and the United Arab Emirates. American and European officials are already working to block these routes.

    Let us recall that earlier the media reported that from the beginning of the full-scale invasion of Russian troops into Ukraine until December 2022, a million Dutch-made chips were sold to the occupiers.

    Source: Bloomberg

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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