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US slaps sanctions on Russian tech firms, including largest chip maker

Mikron, the largest Russian manufacturer and exporter of microelectronics, was among 21 entities and 13 individuals listed for penalties, including the blocking of any property in the United States.

March 31, 2022 / 10:23 PM IST
Representative image. Source: Shutterstock

Representative image. Source: Shutterstock

The United States hit a series of Russian tech firms with sanctions Thursday, including the nation's largest chip maker, in the latest punitive move against Vladimir Putin's "war machine."

The US Treasury said the sanctions targeted networks and technology companies that were "instrumental" to Russia's invasion of Ukraine.

Mikron, the largest Russian manufacturer and exporter of microelectronics, was among 21 entities and 13 individuals listed for penalties, including the blocking of any property in the United States.

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