Stop Doing
Business with Russia
Russia initiated aggression against Ukraine in 2014. On February 24, 2022, it started a full-scale military invasion to the Ukrainian territory. This brutal war and military crimes of Russian troops caused a humanitarian crisis in Ukraine with thousands civilians killed and millions becoming refuges. As a reaction to this act of aggression, many international companies decided to leave the Russian market, while some others continue doing business there as usual. We track such decisions of companies and urge them to stop funding the war.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Pausing InvestmentsReducing Activities: company scaling back some business operations while continuing others
Scaling BackPause operations: company temporarily curtailing operations while keeping return options open
SuspensionClean Break: the company completely halting Russian engagements or exiting Russia
WithdrawalExit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exit Completed
Received revenues in Russia in 2021-2022, there is no any official announcement. ON Semiconductor's annual report on Form 10-K filed with the US Securities and Exchange Commission (SEC) indicates that in September 2022 the company decided to completely wind down the division represented by the legacy of Quantenna Communications. As part of this plan, in October 2022, the work of the design center in Russia, as well as in Australia, was terminated, the document says. Companies whose components have been found inside the Shahed-136. High speed CMOS octal bus buffer manufactured by ON Semiconductor. 27.02.2024: The legal entity QUANTENNA COMMUNICATIONS was liquidated.
Wind down all business. SYSTEMS SENSOR TECHNOLOGIES was sold on 20/10/2022. The court on the application of Rosbank declared the Russian "daughter" of Honeywell bankrupt.
The Orlan-10 drone manufacturer buys electronics in the US, EU and China to circumvent sanctions (one of the companies supplied it is NXP Semiconductors). The kamikaze drone "Lancet" (owner of the UAV manufacturer "Rostec") manufacturer uses electronics of NXP Semiconductors. 28.06.2024: The legal entity N-X-P SEMICONDUCTORS MOSCOW was liquidated.
Iran-made Shahed-131 kamikaze drones contain processors manufactured by Texas Instruments, the U.S. company. Company comment: "TI stopped sales to Russia and Belarus at the end of February, and we no longer support sales there. TI complies with applicable laws and regulations in the countries where we operate. We do not support or condone the use of our products in applications they weren’t designed for." Supply channels to Russia have remained open despite Western export restrictions and manufacturer bans. According to the Ukrainian assessment, among the US-made components found in the drone were nearly two dozen parts built by Texas Instruments, including microcontrollers, voltage regulators, and digital signal controllers. Response of the company: "TI is not selling any products into Russia, Belarus or Iran. TI stopped sales to Russia and Belarus at the end of February 2022, and we no longer support sales there". According to the Yermak-McFaul group, the Kh-101 air-launched cruise missiles contain at least 53 types of ECUs (microcircuits, chips, etc.) produced by foreign companies. In particular, components from companies such as STMicroelectronics (Switzerland), Vicor (USA), XILINX (USA), Intel Corporation (USA), Texas Instruments (USA), ZILOG (USA), Maxim Integrated (USA) and Cypress Semiconductor (USA). 28.06.2024: The legal entity TEXAS INSTRUMENTS RUSSIA SALES LLC was liquidated.