Intel Leaves Russia, Refuses to Bow to Threats
Intel made the decision to halt cooperation with Russia. However, the company has not bowed to Russian threats and has joined the global boycott of the invasion of Ukraine.
Photo above: Unsplash / Alexandre Debieve
- Intel exits Russia, joins global boycott due to war;
- 1,200 employees worked in the company's Russian subsidiaries.
More companies are joining the boycott of Russia leading the military assault on Ukraine. A number of tech players such as AMD and TSMC have already pulled out of the Russian market. Now Intel is joining them as well - the company announced on Tuesday that it is suspending all business activities in Russia.
"Intel continues to join the global community in condemning Russia’s war against Ukraine and calling for a swift return to peace. Effective immediately, we have suspended all business operations in Russia," wrote Intel
Intel had already limited the cooperation, suspending shipments to customers in that country. However, the company withheld a final decision until now, probably due to threat retaliation from Russia's labor inspectorate - even including nationalization of assets if Intel decides to leave the market.
The processor manufacturer employed 1,200 workers in Russia. With the suspension of operations, their further fate becomes uncertain. If they decide to leave the country, they could face tourble, as reported by TechCrunch. However, Intel assures that it is willing to help them:
"We are working to support all of our employees in this difficult situation, including our 1,200 employees in Russia."
As other electronics companies have already pulled out of Russia, the country is facing a major technological crisis. In late March Russia's communications and IT commission warned about possible disruptions to network infrastructure. The reason for this was supposed to be shortages in the supply of network equipment and spare parts.
