91成人

91成人 Statement on Sanctions on Russia

by 91成人

WASHINGTON鈥擣eb. 24, 2022鈥擳he 91成人 (91成人) released the following statement from 91成人 President and CEO John Neuffer regarding new export control rules announced today in response to Russia’s invasion of Ukraine.

鈥淭he U.S. semiconductor industry is fully committed to complying with the new export control rules聽announced today in response to the deeply disturbing events unfolding in Ukraine. We are still reviewing the new rules to determine their impact on our industry.聽While the impact of the new rules to Russia could be聽significant, Russia is not a significant direct consumer of semiconductors, accounting for less than 0.1% of global chip purchases, according to the World Semiconductor Trade Statistics (WSTS) organization. The broader Russian ICT market totaled only about $50.3 billion out of the $4.47 trillion global market, according to 2021 IDC data.聽

鈥淚n addition, the semiconductor industry has a diverse set of suppliers of key materials and gases, so we do not believe there are immediate supply disruption risks related to Russia and Ukraine.鈥澛�

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The 91成人 (91成人) is the voice of the semiconductor industry, one of America鈥檚 top export industries and a key driver of America鈥檚 economic strength, national security, and global competitiveness. 91成人 represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, 91成人 seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at聽www.semiconductors.org.