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Acer, a Taiwanese technology company, revealed on Friday that it was suspending all operations in Russia as a result of Taipei’s increased sanctions in response to Moscow’s invasion of Ukraine. Taiwan, which is self-ruled, has been closely following the war in Ukraine and has quickly joined the international sanctions against Russia.
Fears have grown that China would one day carry out threats to absorb its smaller neighbor as a result of the invasion. In a statement, Acer stated it had chosen to halt operations in Russia “due to recent developments.”
“The firm is concentrating on the safety of all of its employees, including continued efforts to assist every individual and their families who have been affected by the present crisis.” Taiwan’s government has published a list of 57 “critical high-tech goods” that are subject to stricter export regulations, including computers, telecommunications, and avionics gadgets, as well as semiconductor manufacturing equipment. Read also: Quantum Computing Personalized for Cancer Treatment
If exporters want to transport regulated commodities to Russia, they must first get authorization from the Bureau of Foreign Trade. The island is a significant microchip manufacturing hub and home to Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker (TSMC).
Another major Taiwanese computer manufacturer, Asus, stated last month that its shipments to Russia were “at a stop” owing to the conflict. Acer’s statement came just days after Ukrainian Vice Prime Minister Mykhailo Fedorov wrote Asus Chairman Jonney Shih a letter urging the company to “stop any links” with Russia. Read also: Lethbridge College to allow students to occupy property in the metaverse
Fedorov, who is also Ukraine’s digital minister, has asked international IT corporations like Intel, Microsoft, and PayPal to stop doing business in Russia. A rising number of global corporations, ranging from McDonald’s to Adidas and Samsung, have stopped doing business in Russia entirely or partially.
Source: Gadgets 360