Russia is still getting US ICs despite the US putting a ban on US chip exports to Russia on February 24th 2022, reports the Nikkei.
In customs data from Feb 24 to December 31 2022 provided by a Indian research company called Export Genius, 2,358 transactions, each worth over $100,000, showed shipments to Russia of US semiconductors worth a collective $740 million.
1,774 of those shipments went through Hong Kong or mainland China.
One Hong Kong company – Agu Information Technology – is said to have charged $10k each for Intel ICs.
Agu is reported to have sold 60,000 Intel chips for $18.7 million to the Russian machinery company Mistral with some processors selling for $13k+, according to Cybex Exim, an Indian research company.
DEXP International of Hong Kong is reported to have sold Intel and AMD ICs worth $2.5 million to the Russian components dealer Atlas between October and November 2022.
Since the invasion of Ukraine Atlas is said by Export Genius to have imported chips worth $49 million.
Atlas is owned by Dmitry Alekseev, founder of the Russian electronics retailer DNS Group
