After grappling with pandemic-fueled supply bottlenecks, chipmakers are facing a new headache: Russia, one of the world's biggest suppliers of gases used to make semiconductors, has started to limit exports
After grappling with pandemic-fueled supply bottlenecks, chipmakers are facing a new headache: Russia, one of the world's biggest suppliers of gases used to make semiconductors, has started to limit exports. Moscow began restricting exports of inert, or"noble" gases, including neon, argon and helium to"unfriendly" countries at the end of May, according to a report by Russian state news agency TASS.
Peter Hanbury, a partner at Bain & Company's manufacturing practice for the Americas, told CNN Business that chip makers have redoubled their efforts in the wake of February's invasion. The industry's dependence on Ukraine and Russia for neon was"historically very high" at between 80% and 90%, Hanbury said. But since 2014, chipmakers have whittled that down to less than one third.
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