Intel suspends business operations over Moscow’s military operation in Ukraine
© Getty Images / SOPA Images / Contributor
US chip-making giant Intel has suspended all business operations in Russia, citing Moscow’s military operation in Ukraine as the key reason for its decision.
The California-based company said in a statement that it would support its 1,200 employees in Russia and “[implement] business continuity measures to minimize disruption to our global operations.”
Last month, Intel announced it had stopped shipments to customers in Russia and Belarus.
The company has joined a growing number of Western tech corporations taking similar steps, including Apple, AMD, Adobe, General Electric, and IBM.
For more stories on economy & finance visit RT’s business section