New Delhi, March 9 (SocialNews.XYZ) The ban on technology exports to Russia, in response to the war in Ukraine, could backfire on global manufacturers of computer processors and semiconductors, as many crucial components for their production are made exclusively in Russia, an industry expert has warned.
"The ban on finished products for Russia will result in a retaliatory ban on the supply of production components and will cause an acute shortage of microprocessors for the whole world. By comparison, the end-of-2021 supply disruption situation will appear relatively light," Oleg Izumrudov, head of the Consortium of Russian Developers of Data Storage Systems (RosSHD), said, RT reported.
His statement comes after the world's largest manufacturers of computer processors and semiconductors announced that they will join the sanctions against Russia over its military campaign in Ukraine. A number of technology manufacturers halted product deliveries to Russia, including US majors AMD and Intel, while the world's largest semiconductor chip producer TSMC stopped the production of Russian Baikal and Elbrus microprocessors at its Taiwanese plant.
While global tech majors are announcing their split from Russia, Izumrudov says potential Russian retaliation moves "would leave almost the entire world without microelectronics".
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
