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    Home»Deputy»Russian electronics manufacturers may lose 95% of foreign components
    Russian electronics manufacturers may lose 95% of foreign components
    Deputy

    Russian electronics manufacturers may lose 95% of foreign components

    Liam AndersonBy Liam AndersonMay 5, 2022No Comments2 Mins Read
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    The adoption of a law that introduces criminal liability for compliance with anti-Russian sanctions can lead to such consequences.

    Domestic manufacturers of various electronic equipment may lose the supply of 95% of components manufactured abroad. This will happen if a law is adopted in the country that introduces criminal liability for compliance with anti-Russian sanctions. This was stated in the Association of Developers and Manufacturers of Electronics, which includes more than 100 companies, including GS Group, MCST and Baikal Electronics.

    In a conversation with Forbes, the head of the Association of Electronics Developers and Manufacturers, Ivan Pokrovsky, noted that at the moment, Russian enterprises continue to purchase components from foreign manufacturers or distributors. Meanwhile, they cannot transfer these technologies to domestic companies that are on the sanctions list.

    In the event that domestic developers are required to sell components to companies that are under sanctions, then foreign suppliers will be forced to terminate contracts with them in order not to violate the conditions of restrictive measures.

    According to Pokrovsky, at the moment the ban on the supply of technological products affects only 5% of the components that Russian manufacturers need. Among them are processors, microcontrollers and other high-tech devices. The passage of a bill to criminalize the implementation of Western sanctions could lead to the fact that manufacturers will lose the remaining 95% of supplies, including standard semiconductors and electromechanical components.

    The Association of Developers and Manufacturers of Electronics believes that in this case, Russia will have to manufacture all the necessary components on its own, but there are no opportunities for this in the country.

    The bill on the introduction of criminal liability against company executives for compliance with anti-Russian sanctions was submitted to the State Duma on April 7 by deputies from United Russia. The deputies propose to provide for this punishment in the form of a fine of up to 1 million rubles, or forced labor for up to 5 years, or imprisonment for up to 10 years.

    Bill Criminal case Sanctions technology
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