Intel suspends business operation in Russia in wake of Ukraine war
“Intel continues to join the global community in condemning Russia’s war against Ukraine and calling for a swift return to peace. Effective immediately, we have suspended all business operations in Russia,” the US chipmaker said in a statement
By Ishika Dangayach
Published - Apr 06, 2022, 07:44 AM ET
Last Updated - Feb 21, 2024, 08:21 AM EST
• ‘We have also implemented business continuity measures to minimize disruption to our global operations,’ US chipmaker says
Intel Corp (NASDAQ: INTC)announced on Tuesday that it has halted all business operations in Russia in the aftermath of its invasion of Ukraine.
“Intel continues to join the global community in condemning Russia’s war against Ukraine and calling for a swift return to peace. Effective immediately, we have suspended all business operations in Russia,” the US chipmaker said in a statement.
