Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling Back
Analog Devices Inc. - a large American company, a manufacturer of integrated circuits for solving problems of signal conversion.
Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackAccording to the Ukrainian assessment, among the US-made components found in the downed drone there was a circuit board components by Analog Devices and Onsemi. The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions. The kamikaze drone ""Lancet"" (owner of the UAV manufacturer ""Rostec"") manufacturer uses electronics of Analog Devices. Company statement: "Following Russia’s invasion of Ukraine, and in compliance with U.S. and EU sanctions, Analog Devices ceased business activities in Russia, and in the Russian-backed regions of Ukraine and Belarus, and promptly instructed all of our distributors to halt shipments of our products into these regions."
Suspend sales to Russia according to sanctions. According to the Ukrainian assessment, among the US-made components found in the downed drone there was a circuit board components by Analog Devices and Onsemi. About two-thirds of the components were manufactured by U.S.-based companies, RUSI found, based on the weapons recovered from Ukraine. Products manufactured by the U.S.-based Analog Devices and Texas Instruments accounted for nearly a quarter of all the Western components in the weapons. Supply channels to Russia have remained open despite Western export restrictions and manufacturer bans. According to Russian customs declarations, between March 1 and November 30, 2022, $89 million worth of Analog Devices-manufactured microchips and $50 million worth of Texas Instruments-manufactured ones were imported into Russia from foreign jurisdictions.