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Showing posts from September, 2023

The Impact of Sanctions, and the West: An Analysis on Microchip Sanctions and the Russian Defense Industry

                    By: Marco Dorazio         On February 24, 2022 the United States banned microchip exports to Russia except for humanitarian purposes. House Resolution 956, named “Supporting the People of Ukraine” made it clear that the US wanted to completely isolate Russia economically. As states in the resolution: "The United States, committed to coordinated economic sanctions, including severe restrictions, against Russia’s Central Bank and full blocking sanctions against Vladimir Putin." (H.R.956, 2022)           The West is responsible for over 80% of microchips created, with Taiwan leading the charge at 22%, Russia, on the other hand, manufactures significantly less than 2% of global chip supplies. Prior to the invasion, Russia was importing about 70 million dollars worth of microchips to feed  their needs from the West each year, this is excluding the cost of cell phone microchips and PC components. Without a western source, Russia’s needs will be significantly dis