SIA: 's export control to Russia will not cause immediate risk in the global semiconductor supply chain.

Published: Feb 25, 2022 16:01 (GMT+8)

(SIA), an American semiconductor industry association, issued a statement by President and CEO John Neuffer on new export control rules announced in response to Russia's invasion of Ukraine on Feb. 24, local time.

"the US semiconductor industry fully supports and complies with the new export control rules against Russia in response to deeply disturbing events in Ukraine," the statement said. We are still reviewing the new rules to determine the impact on the semiconductor industry. Although the new rules may have a great impact on Russia, Russia is not an important direct consumer of semiconductors, accounting for less than 0.1 per cent of global chip purchases, according to (WSTS), the world semiconductor trade statistics organization. According to IDC data in 2021, of the $4.47 trillion ICT global market, the Russian market in a broad sense totaled only about $50.3 billion. In addition, the semiconductor industry has a wide range of key material and gas suppliers, so we do not believe there will be any risk of immediate supply disruptions associated with Russia and Ukraine. "

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Price-Holding in Peak Season Faces Resistance; Titanium Dioxide Maintains a Strongly Contested Pattern [SMM Titanium Spot Express]
1 hour ago
Price-Holding in Peak Season Faces Resistance; Titanium Dioxide Maintains a Strongly Contested Pattern [SMM Titanium Spot Express]
Read More
Price-Holding in Peak Season Faces Resistance; Titanium Dioxide Maintains a Strongly Contested Pattern [SMM Titanium Spot Express]
Price-Holding in Peak Season Faces Resistance; Titanium Dioxide Maintains a Strongly Contested Pattern [SMM Titanium Spot Express]
[SMM Titanium Spot Express: Resistance to Firm Price Implementation During Peak Season; Titanium Dioxide Maintains Strong Bargaining Dynamics] Titanium dioxide enterprises collectively raised their quotes earlier, but end-users only followed up with rigid demand and showed insufficient willingness to stockpile, resulting in limited actual realization of the price hikes. Trader restocking drove orders forward.
1 hour ago
Pre-holiday Stockpiling Fails to Offset Strong Supply and Weak Demand; Magnesium Prices Consolidate on a Subdued Note in the Short Term [SMM Magnesium Ingot Spot Report]
1 hour ago
Pre-holiday Stockpiling Fails to Offset Strong Supply and Weak Demand; Magnesium Prices Consolidate on a Subdued Note in the Short Term [SMM Magnesium Ingot Spot Report]
Read More
Pre-holiday Stockpiling Fails to Offset Strong Supply and Weak Demand; Magnesium Prices Consolidate on a Subdued Note in the Short Term [SMM Magnesium Ingot Spot Report]
Pre-holiday Stockpiling Fails to Offset Strong Supply and Weak Demand; Magnesium Prices Consolidate on a Subdued Note in the Short Term [SMM Magnesium Ingot Spot Report]
[Supply-Demand Tug-of-War Persists, Magnesium Ingot Market Under Pressure as Peak Season Falls Short] Some producers in China have periodically released small volumes of low-priced supply, while stockpiling for the two festivals only drove a modest recovery in transactions. With a lack of demand growth both in China and overseas, magnesium prices continue to consolidate on a subdued note, supported by firm pricing and cost floors.
1 hour ago
August silicone exports increase MoM, imports decrease MoM [SMM analysis]
3 hours ago
August silicone exports increase MoM, imports decrease MoM [SMM analysis]
Read More
August silicone exports increase MoM, imports decrease MoM [SMM analysis]
August silicone exports increase MoM, imports decrease MoM [SMM analysis]
[August silicone exports up MoM, imports down MoM] Customs data shows that in exports, China's exports of primary-form polysiloxane (silicone) stood at 39,100 mt in August 2026, up 5.25% MoM but down 18.75% YoY. In imports, China's imports of primary-form polysiloxane (silicone) stood at 5,900 mt in August 2026, down 15.02% MoM and down 18.28% YoY.
3 hours ago
SIA: 's export control to Russia will not cause immediate risk in the global semiconductor supply chain. - Shanghai Metals Market (SMM)