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Intel becomes latest Western tech firm to suspend business in Russia

April 5 (Reuters) – U.S. chipmaker Intel Corp (INTC.O) stated on Tuesday it has suspended organization functions in Russia, becoming a member of a slew of corporations to exit the state adhering to its invasion of Ukraine.

The company, which had very last thirty day period suspended shipments to shoppers in Russia and Belarus, stated it has applied enterprise continuity actions to minimize disruption to its world-wide functions.

The Intel Corporation emblem is found on a screen in a keep in Manhattan, New York Metropolis, U.S., November 24, 2021. REUTERS/Andrew Kelly

“Intel continues to be part of the worldwide neighborhood in condemning Russia’s war against Ukraine and contacting for a swift return to peace,” the enterprise mentioned.

Global Business Machines Corp (IBM.N) much too experienced suspended shipments as Ukraine urged U.S. cloud-computing and program companies to reduce off small business with Russia.

Servers from IBM, Dell Technologies Inc (DELL.N) and Hewlett Packard Organization Co (HPE.N) best the market place in Russia, in which businesses and authorities businesses have relied on technological innovation made by the West as the foundation for their owned-and-operated IT techniques. read extra

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Reporting by Maria Ponnezhath in Bengaluru Enhancing by Sherry Jacob-Phillips and Arun Koyyur

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