Sanctions have direct impact on Russian businesses

 Financial Times:

Russian companies have been plunged into a technological crisis by western sanctions that have created severe bottlenecks in the supply of semiconductors, electrical equipment and the hardware needed to power the nation’s data centres. Most of the world’s largest chip manufacturers, including Intel, Samsung, TSMC and Qualcomm, have halted business to Russia entirely after the US, UK and Europe imposed export controls on products using chips made or designed in the US or Europe. This has created a shortfall in the type of larger, low-end chips that go into the production of cars, household appliances and military equipment. Supplies of more advanced semiconductors, used in cutting-edge consumer electronics and IT hardware, have also been severely curtailed. And the country’s ability to import foreign tech and equipment containing these chips — including smartphones, networking equipment and data servers — has been drastically stymied. “Entire supply routes for servers to computers to iPhones — everything — is gone,” said one western chip executive.

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There is more at the link above. 

It is not surprising that the sanctions have crippled some Russian enterprises.  So far they have not resulted in the Russian government pulling back from its aggression in Ukraine.

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