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US official: Chip exports to Russia have plunged by 90pc since export restrictions
Wednesday, 29 Jun 2022 10:36 PM MYT
WASHINGTON, June 29 — Global exports of semiconductors to Russia have plummeted by 90 per cent since the United States and allies slapped export controls on Moscow over its invasion of Ukraine, US Commerce Secretary Gina Raimondo said today.
Raimondo, speaking at an annual Commerce Department conference, also doubled down on threats to "shut down" China's top chipmaker SMIC if it is found to be supplying chips to Russia. — Reuters
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