• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Gadgets

Global Chip Shortage To Worsen With Russia’s Invasion Of Ukraine

Ayoola by Ayoola
March 14, 2022
in Gadgets
Share on FacebookShare on Twitter

The implications of the Russia-Ukraine conflict on the global world got more intense as the global chip market, already experiencing a strain is the latest casualty of the warfare.

The global chip shortage had in the past few months affected the production of materials for PCs, Smartphones and even EV cars, with global tech companies majorly feeling the brunt.

Russia’s Military assault on Ukraine has pushed two Ukrainian leading neon suppliers, Ingas and Cryoin, to temporary halt operations, implying a considerable disorder in global economic outcomes.  

Neon a colourless, odourless, inert monatomic gas under standard conditions, is a vital component used in the manufacturing of semiconductor chips, with about half of the global neon semiconductor grade being developed from Ingas and Cryoin, it’s two major suppliers.

Both Ingas and Cryoin deliver about 45 percent and 54 percent respectively of the exact neon needed to produce semiconductor chips.

Ingas averagely produces about 15,000 to 20,000 cubic meters of neon per month and has 75 percent of the production going straight to the chip industry.

TechcetGlobal, a market research firm in it’s report posits that neon production reaches 540 metric tons in a calendar year.

The report says while Cryoin stopped operations on the first day of the Russian attack, Ingas continued production but stopped operations this week as the assault lingered.

The World Health Organisation (WHO) also reported BBB that the conflict had last week Wednesday hit Inga’s location, in the wake of Russian Military bombardment of a maternity hospital in Mariupol.

The highlighted disruptions pose a grave threat to a semiconductor industry that has hitherto been struck by a COVID-19 related supply chain shortages.

The chip shortage was so severe that it grossly affected iPhone maker, Apple, automaker, Ford F-150, Intel and even Samsung.

Though ResearchGate President, Shon-Roy had inferred renowned chipmakers may find their way round the quagmire when he said:

“The biggest chip fabricators like Samsung, Intel and TSMC, have tremendous buying power and access to products that may cover them for longer periods, two months or more”.

With the international community largely seeing Russia as the aggressor, with litany of sanctions imposed, the access to semiconductors has played and continued to play a vital role in the Russia-Ukraine war.

United States President, Joe Biden had days after the Vladimir Putin led assault on Ukraine issued new sanctions against Russia, one of them is halting the sale of U.S.-made semiconductors and other technologies to Russia, a move to limit the country’s access to important tech.

South Korea, Taiwan, Japan also followed suit.

Neon, an essential component of chip production will have it’s shortage derailing supply chains as the consequences of a global neon shortage was seen when the prices of Neon witnessed a 600 percent surge in 2014, at the last Russia-Ukraine conflict.

The Financial Times had meanwhile reported that the supply of xenon, neon, and krypton is getting closer with chipmakers and trading houses making fast moves for more orders as the gases will be in short supply as the war continues.

The global chip shortage, already paralysing tech production in many firms cannot afford another long spell and It’s expected that an amicable solution is reached as soon as possible.

Related Posts:

  • Russian Ministry Website Seems To Have Been Hacked By Ukraine Supporters, Searches For The Site Show “Glory to Ukraine” Results
    Russian Ministry Website Seems To Have Been Hacked…
  • Samsung-Foundary
    Samsung Kicks-Off Mass Production Of 3nm Chips Ahead Of TSMC
  • US-China-Tech-War-Chips-Semiconductors-e1599189699542
    Samsung Wants 'Common Denominator' In US-China Chip War
  • pexels-photo-1
    The Second Quarter Of 2022 Saw Global Smartphone…
  • Win 8
    Qualcomm Tops Estimates with Strong Handset Chip…
  • smartphones (1)
    Global Smartphone Shipments Declined 9% In Q2 2022
  • Copia_Global
    Copia Global Has Shut Down Its Ugandan Operations
  • IMG_6960
    Kyivstar & Starlink Partner to Debut…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: chip shortagerussiaukraine russia war
Ayoola

Ayoola

Ayoola Faseyi, an Abuja based Journalist with interest in Technology and Politics. He is a versatile writer with articles in many renowned News Journals.He is the Co-Founder of media brand, The Vent Republic.

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • Walmart Spent $580M on Microsoft Azure in 11 Months, Leak Shows May 30, 2025
    • Texas Signs Internet Regulations Targeting Apple & Google May 30, 2025
    • Chris Rogers Named New CEO of Instacart May 29, 2025
    • Spotify Adds New Features To Enhance Podcast Discovery May 29, 2025
    • FG Unveils Digital Village in Abuja with Free Internet May 29, 2025
    • Vital Lifeline: 9mobile to Launch MTN Roaming Partnership in June May 29, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok