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Taiwan sanctions could impact NT$560 million in semiconductor exports to Russia

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[Taiwan sanctions could impact NT$560 million in semiconductor exports to Russia] As Taiwan prepares to join other nations in imposing sanctions on Russia over the invasion of Ukraine, the semiconductor sector should see minimal effects, reports said Friday (February 25). In 2021, Taiwan exported NT$560 million (US$19.98 million) worth of semiconductors to Russia, according to the Taiwan Institute of Economic Research (TIER), CNA reported. However, Russia accounted for between 30 percent and 70 percent of the global production of raw materials used for semiconductors, lasers, and other elements in electronic products, such as palladium, neon, nitrogen, and xenon. Observers said…

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