By John Meyer, financial consultant. Eurasia Business News, March 5, 2022
On Thursday, the largest US manufacturers of semi-conductors and computing chips Advanced Micro Devices, Inc (AMD) and Intel officially announced that they are suspending all deliveries to Russia and Belarus.
“In connection with the sanctions imposed on Russia by the United States and other countries, AMD is now suspending the sale and distribution of its products in Russia and Belarus. We are talking about all AMD products and related products (PCs, etc.)“, said AMD in the morning of March 3.
A little later on the same day, Intel also announced suspension of all deliveries to customers in Russia and Belarus :
“Intel condemns the invasion of Ukraine by Russia and we have suspended all shipments to customers in both Russia and Belarus. Our thoughts are with everyone who has been impacted by this war, including the people of Ukraine and the surrounding countries and all those around the world with family, friends and loved ones in the region.”
A few days ago, representatives of the Association of Russian Developers and Electronics Manufacturers reported that these two American companies had suspended supplies to Russia. There was no official statement from the companies at that time.
For its part, Microsoft Chairman Brad Smith announced on March 4 that the US tech giant would halt sales of all “new” Microsoft products. “We are announcing today that we will suspend all new sales of Microsoft products and services in Russia,” wrote Microsoft president and vice chair Brad Smith on its blog.
Brad Smith announced coordination of actions with state authorities :
“In addition, we are coordinating closely and working in lockstep with the governments of the United States, the European Union and the United Kingdom, and we are stopping many aspects of our business in Russia in compliance with governmental sanctions decisions.”
Microsoft reported that its teams helped Ukrainian organizations in dealing with numerous cyberattacks in the past weeks and called them violation of international law :
“Since the war began, we have acted against Russian positioning, destructive or disruptive measures against more than 20 Ukrainian government, IT and financial sector organizations. We have also acted against cyberattacks targeting several additional civilian sites. We have publicly raised our concerns that these attacks against civilians violate the Geneva Convention.”
U.S. sanctions imposed in response to the Russian military operation in Ukraine suggest that manufacturers can export consumer electronics to Russia only if they do not enter the public sector. According to experts, this is not something fundamentally new. Lawyers believe that companies themselves can begin to reduce supplies while they understand the nuances and risks of sanctions requirements. Many electronics suppliers will be cautious and reduce exports to Russia until they thoroughly assess the new rules.
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