Ignoring sanctions, Russia has received almost $4 billion in illicit chips since the start of the war in Ukraine. Many were sent through a cluster of shell companies in Hong Kong. The companies have names such as Olax Finance and Rikkon Holding.
| July 25, 2024 | Illegal flow of technology to Russia goes through this Hong Kong address, - NYT |
| July 25, 2024 | Hong Kong firms supplied Russia with American chips for weapons production |