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How Chinese tech companies saving from West?

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  On 2022.02.24 Russia invaded Ukraine . With US and their allies imposed many sanctions against Russia. As a result of Many western tech companies stopped their products and services to Russia . But Chinese tech companies didn't tell they decided to quit from Russia and they use this opportunity to capitalize their business.  According to reports Russia is the largest smartphone market in Europe and sixth in world . As a percentage it is 2% from globally. Russia also the European country have most number of internet users . But when considering global standards Russia is a small tech market. As well as Russian market is the place where western companies and Chinese companies collide. If we look at semiconductor industry. After the government imposed sanctions against Russia, US chip providers Advanced Micro Devices (AMD) and Intel stopped their sells to Russia. This action action can affect to Russia's personal computer to military equipment. But Chinese companies are help...

Tech gaints declare war against Russia (Updated)

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  A fter Russia's invasion of Ukraine major tech companies took actions against Russian government. Now they are increasing their actions against Russia. This is the latest report about it. Apple Apple announced that they are stopping their exports to Russia. Apple took a decision to pull out the Russian state media RT News and Sputnik News mobile apps from Apple App Store outside Russia. Alphabet Google confirmed they had removed Russian state-funded publishers such as RT from its news-related features, including the Google News search tool. Same as Meta and TikTok YouTube also said Tuesday that they would block Russian state media RT and Sputnik from Europe. Previously both Meta and Alphabet stopped the monetization process of RT and Sputnik. Alphabet Inc said on Tuesday the Russian state media are not available for download from the Google Play Store in Europe. Microsoft Microsoft stopped selling their products and services in Russia . According to a Reuters report Microsof...

Tech gaints declare war against Russia

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Last Thursday(24) Russia launch invasion against Ukraine. As a result of this Government of United States of America and European Union took a decision to impose economic sanction on Russia. Because of this many companies stopped their exports and services to Russia. The sanctions include restrictions on foreign transactions to Russian banks. Because of this two US based digital wallet platforms Apple Pay and Google Pay services are suspended in Russia. West banned some Russian banks from the swift system ( Society for Worldwide Interbank Financial Telecommunication ). Russia's five largest banks are affected from this decision. These five banks are VTB Bank, Sovcombank , Novikombank , Promsvyazbank , and Otkritie . Customers of these banks will unable to do use them in abroad or do to online payments using both platforms.    US government imposed restriction to export semiconductors to Russia. Semiconductor giants AMD and Intel have suspended to export their chips to Russi...

How Russia-Ukraine war affect for chip manufacturing industry

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 Last Thursday(24) Russia invaded Ukraine. This invasion can affect the supply of semiconductor in the worst way.  Russia and Ukraine are major exporters of raw materials used to manufacture several chips. These two countries export semiconductors like Palladium which is used to make memory and senor chips, also Neon gas which is used for etching circuit design. Russian Palladium sources covers 45% of global demand. We are already facing a global chip shortage . With technological advancement in present millions of products such as cars,smartphones,washing machines,refrigerators etc need chips to work but because of this conflict current situation is getting worse. Experts predict this supply and demand problem will end in 2022 but now at least this will not end in 2023. The largest chip manufacturing country is Taiwan. But news from Taiwan is positive about the upcoimg raw material shortage. Taiwan's major chip manufacturing company, Asia's most valuable company Taiwan Semi...