Tech Desk, AnyTV, New Delhi
Published by: Pradeep Pandey
Updated Fri, 25 Feb 2022 02:06 PM IST
Summary
The US imports 90 per cent of semiconductor grade neon from Ukraine. The US also imports up to 35 percent of palladium from Russia. Both grade neon and palladium play an important role in the manufacture of chipsets or semiconductors.
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Expansion
Russia has captured Ukraine’s capital Kiev and meanwhile it is reported that more than 10,000 paratroopers are planning to kidnap Ukrainian President Zelensky. Cyber attacks are also being done continuously on Ukraine by Russia. The fight between Ukraine and Russia is going to have an impact on the tech industry as well.
The world is already grappling with the lack of chipsets
The shortage of chipsets is happening all over the world for the last two years. Due to the lack of chipsets, gadgets of many companies have become expensive in the last few months. Now the impact of this war between Ukraine and Russia can further devastate the chipset industry, after which gadgets like smartphones, smartwatches and TVs can become expensive. This will also have an effect on electric vehicles.
A Reuters report said that the US imports 90 percent of semiconductor grade neon from Ukraine. The US also imports up to 35 percent of palladium from Russia. Both grade neon and palladium play an important role in the manufacture of chipsets or semiconductors. Due to the war, the supply of these two will be affected, after which the production of many products including sensors to memory will also come to a standstill.
Commenting on the matter Avneet Singh Marwah, CEO SPPL, exclusive brand licensee of Thomson in India told AnyTV, “The unrest between the two countries could have a major impact on raw material prices which would result in increase in raw material prices. . Apart from this, production may also get affected due to supply and logistics issues.