Price of high-quality neon gas has risen more than tenfold as Russia enforces ban
Price of high-quality neon gas has risen more than tenfold as Russia enforces ban. However, many chip companies have inventories
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Price of high-quality neon gas has risen more than tenfold as Russia enforces ban. However, many chip companies have inventories
Ukrainian neon supply firms Ingas and Cryoin have recently closed down following the continued attack on Ukraine from Russia.
By two leading suppliers in Ukraine.
Ukraine's two leading suppliers of neon have halted their operations as Russia continues its attacks on the country. Neon is an essential component in microchips which were already struggling with severe shortages, harming American businesses in sectors ranging from consumer appliances to auto manufacturing.
Ukraine's two leading suppliers of neon, which produce about half the world's supply of the key ingredient for making chips, have halted their operations.