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Intel becomes latest Western tech firm to suspend business in Russia

arkadia April 6, 2022

The Intel Corporation logo is seen on a display in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly

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April 5 (Reuters) – U.S. chipmaker Intel Corp (INTC.O) said on Tuesday it has suspended business operations in Russia, joining a slew of companies to exit the country following its invasion of Ukraine.

The company, which had last month suspended shipments to customers in Russia and Belarus, said it has implemented business continuity measures to minimize disruption to its global operations.

“Intel continues to join the global community in condemning Russia’s war against Ukraine and calling for a swift return to peace,” the company said.

International Business Machines Corp (IBM.N) too had suspended shipments as Ukraine urged U.S. cloud-computing and software companies to cut off business with Russia.

Servers from IBM, Dell Technologies Inc (DELL.N) and Hewlett Packard Enterprise Co (HPE.N) top the market in Russia, where companies and government agencies have relied on technology developed by the West as the basis for their owned-and-operated IT systems. read more

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Reporting by Maria Ponnezhath in Bengaluru; Editing by Sherry Jacob-Phillips and Arun Koyyur

Our Standards: The Thomson Reuters Trust Principles.

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Intel becomes latest Western tech firm to suspend business in Russia

arkadia April 6, 2022

The Intel Corporation logo is seen on a display in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly

Register now for FREE unlimited access to Reuters.com

April 5 (Reuters) – U.S. chipmaker Intel Corp (INTC.O) said on Tuesday it has suspended business operations in Russia, joining a slew of companies to exit the country following its invasion of Ukraine.

The company, which had last month suspended shipments to customers in Russia and Belarus, said it has implemented business continuity measures to minimize disruption to its global operations.

“Intel continues to join the global community in condemning Russia’s war against Ukraine and calling for a swift return to peace,” the company said.

International Business Machines Corp (IBM.N) too had suspended shipments as Ukraine urged U.S. cloud-computing and software companies to cut off business with Russia.

Servers from IBM, Dell Technologies Inc (DELL.N) and Hewlett Packard Enterprise Co (HPE.N) top the market in Russia, where companies and government agencies have relied on technology developed by the West as the basis for their owned-and-operated IT systems. read more

Register now for FREE unlimited access to Reuters.com

Reporting by Maria Ponnezhath in Bengaluru; Editing by Sherry Jacob-Phillips and Arun Koyyur

Our Standards: The Thomson Reuters Trust Principles.

Tags: American Express Business Cards, Att Business Customer Service, Att Business Internet, Att Business Login, Bad Business Codes, Bank Of America Small Business, Buffalo Business First, Business Administration Jobs, Business Administration Salary, Business Analyst Jobs, Business Card Dimensions, Business Casual Female, Business Casual For Women, Business Casual Women Outfits, Business Ideas 2021, Business Letter Example, Business License California, Business Name Search, Business Process Reengineering, Business Proposal Template, Buy A Business, Card For Business, Chase For Business, Chase Ink Business Card, Columbia Business School, Costco Business Center San Jose, Emirates Business Class, Facebook Business Account, Fictitious Business Name, Florida Business Entity Search, Ga Sos Business Search, Georgia Business Search, Google Business Email, Houston Business Journal, Illinois Business Search, Instagram Business Account, Is Lularoe Still In Business, London Business School, Master Of Business Administration, Men'S Business Casual, Pittsburgh Business Times, Qualified Business Income Deduction, Sacramento Business Journal, Secured Business Credit Card, Standard Business Card Size, T Mobile Business, Texas Business Search, Tië³´o The Business, Top Business Schools In Us, Types Of Business

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