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Intel to cancel shipments to Russia and Belarus

admin-augaf by admin-augaf
March 4, 2022
in Business, Finance, International
Reading Time: 1 min read
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Intel to cancel shipments to Russia and Belarus
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New York March 4 2022: Computer chip manufacturer Intel will stop all shipments to customers in Russia and Belarus.

“Intel condemns the invasion of Ukraine by Russia,” the company said in a news release on Thursday.

Intel added that it is working with employees who have ties to the region and have launched a fundraising campaign that has already raised $1.2m (£900,000) for Ukrainians in need.

“We will continue to stand with the people of Ukraine and the global community in calling for an immediate end to this war and a swift return to peace,” the California-based company added.

It follows similar moves by other global computer chip manufacturers.

Russia does not produce large quantities of electronics, in part due to a lack of highest-end semiconductors needed for advanced computing.

Tags: BelarusIntelRussia
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