Qualcomm stops selling products to Russian companies

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(Reuters) – Chipmaker Qualcomm Inc said on Wednesday it had stopped selling its products to Russian companies under U.S. sanctions after Moscow invaded Ukraine.

The company’s action was revealed by its senior vice president for government affairs, Nate Tibbits, in a tweet in response to a comment by Ukrainian Deputy Prime Minister Mykhailo Fedorov.

Urging Tibbits to stop deliveries to Russia, Fedorov said Qualcomm products are still available in Russia and are “inadvertently enabling this country to kill thousands of Ukrainians.”

In his response, Tibbits said, “This is not correct. Qualcomm has called for a peaceful resolution to Russia’s aggression in Ukraine, has made direct donations to humanitarian organizations and matches employee contributions.”

“We respect US sanctions and laws do not sell products to Russian companies,” he said.

Thanking the move, Fedorov then suggested that the chipmaker could send its satellite phones to Ukrainian rescuers if it wants to help.

While the invasion has drawn the ire of Western nations and led several US companies to halt operations in Russia, the country has called its actions in Ukraine a “special operation”.

Revenue from Russia and Ukraine represents less than 1% of its total revenue, Qualcomm said at its general meeting earlier this month.

(Reporting by Eva Mathews in Bengaluru; Editing by Arun Koyyur)

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