Several indispensable components are found in Russia and Ukraine.
It is a crisis within the crisis. The attack on Ukraine launched on February 24 by Vladimir Putin will have many deleterious effects for the world economy. One of these expected collateral damages is a worsening of the worldwide shortage of semiconductors, those essential components to run our cars, televisions, computers, etc. Supply difficulties that have penalized many sectors of activity since 2020.
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The new danger hovering over microchips is the lack of materials needed to manufacture them. Several crucial elements are imported from Russia and Ukraine. Analysts at Techcet, a sourcing consulting firm, say US manufacturers are “dependent” Ukrainian neon gas used to burn the chips, their export representing around 90% of the needs. Another problem is that Russia is a key supplier of palladium, another near-essential element, and provides around…
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