The manufacturer of processors and microchips Intel will suspend its activities in Russia

Source: https://cobaltstrike.net/2022/04/06/the-manufacturer-of-processors-and-microchips-intel-will-suspend-its-activities-in-russia/

Today, the American company Intel, one of the leading suppliers of microprocessors, announced the suspension of its activities in Russia. This is stated in the company’s statement.

“Intel Corporation suspends all business operations in Russia,” it said in a statement. At the same time, the company announced its intention to support 1.2 thousand employees in Russia “in this difficult situation.”

Intel’s representative in Russia did not directly answer the question of whether they had stopped the supply of processors, but said that “the company is closely monitoring the situation and ensuring compliance with applicable sanctions and export control rules, including new sanctions imposed by OFAC, and rules issued by BIS (Bureau of Industry and Security at the US Department of Commerce).”

Since February 24, many foreign companies have announced their departure from Russia or reduction of business. From IT companies AMD, Adobe, Apple, Autodesk, Cisco Systems Inc., Dell and others.

Intel Corp. It was founded in the USA in 1968. Engaged in the production of a wide range of electronic devices and computer components. The staff of the company is more than 120 thousand people. Net profit by the end of 2021 amounted to $ 19.9 billion, which is 5% lower than a year earlier.

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