From Samsung to Sony, Asia Tech Hit by Russia Curbs – Nikkei

Asia’s tech industry is scrambling to figure out how to comply with US sanctions on Russia as they potentially apply to shipments of everything from telecom equipment and smartphones to PCs and gaming consoles, Nikkei reported.

Trade restrictions slapped on Russia last week over its invasion of Ukraine took immediate effect and potentially cover any product made with American technology, the report said, adding that the suddenness and sweeping scope of the rules caught many Asian tech companies off guard.

Read the full report: Nikkei Asia.

ALSO READ:

Samsung Electronics Halts All Shipments to Russia

Chinese Brands Shun Sanctions, Keep Selling in Russia – For Now

China Warns Insurers Over Russia, Ukraine Exposures

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

You Might also Like

US ‘Looking Closely’ at China Banks Over War Aid to Russia

Indian Refiners Turn to US Crude as Russia Sanctions Bite

Nikkei, Hang Seng Range-Bound Ahead of Major US Data Releases

China Reaps $10bn Dividend From Western Oil Sanctions