Intel joined over 600 other companies in condemning and leaving Russia over its invasion of Ukraine!
Here is what you need to know…
Intel Condemned Russia Over Invasion Of Ukraine!
A week after Russia invaded Ukraine, Intel issued a press release condemning the invasion, and announcing a stop to all shipments to both Russia and Belarus.
While Belarus did not directly participate in the Russian invasion of Ukraine, it continues to be a willing partner in the invasion, allowing Russian troops, tanks and aircraft to attack Ukraine from their territory.
This announcement on 3 March 2022 effectively cut off supply of Intel chips to both countries.
Intel Leaves Russia Over Invasion Of Ukraine!
After Russia’s initial attempt to seize Kyiv and topple the Ukrainian government failed spectacularly, Russian forces began a wholesale bombardment of Ukrainian cities.
Even worse, it was recently discovered that Russian forces raped and massacred Ukrainian civilians in the town of Bucha.
All those atrocities may have made it untenable for companies like Intel to even maintain a local presence while waiting out the war.
On 5 April 2022, Intel announced that they immediately suspended all business operations in Russia.
It is unknown what will happen to their 1,200 employees in Russia, but Intel says that it is now working to support those employees.
Intel joins over 600 companies that have withdrawn from Russia, according to the Yale School of Management.
They include major brands like 3M, Adidas, Amazon, Cisco, Ikea, LVMH, Mastercard, McDonald’s, VMware, Visa, Western Union.
Notably, Chinese companies like Alibaba, Didi, HUAWEI, Tencent and Xiaomi continue to operate in Russia.
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