Hundreds of Chinese companies have taken part in an electronic parts exhibition in Russia at a time when Western countries have restricted semiconductor exports to Russia in response to its invasion of Ukraine.
More than 800 firms are taking part in the event that began on Tuesday in Moscow. The highest-ever number of Chinese companies are participating, accounting for about half of all the participants.
A sales representative of a company in Shenzhen, southern China, said Chinese firms have rushed to Russia when its market opened, citing fierce competition among semiconductor makers in China.
Another Chinese company that sells electronic components said demand from Russia has risen by more than 30 percent in the past one or two years.
The president of the company's Russian affiliate said many electronic components are produced in China, including those made by US or European companies. The person said Chinese sales companies buy the products under the guise that they are for local markets, then they sell them to Russia.
The Russian organizer of the event predicted that cooperation with China will continue for a long time because Russia's electronics industry heavily depends on components from China.
More than 800 firms are taking part in the event that began on Tuesday in Moscow. The highest-ever number of Chinese companies are participating, accounting for about half of all the participants.
A sales representative of a company in Shenzhen, southern China, said Chinese firms have rushed to Russia when its market opened, citing fierce competition among semiconductor makers in China.
Another Chinese company that sells electronic components said demand from Russia has risen by more than 30 percent in the past one or two years.
The president of the company's Russian affiliate said many electronic components are produced in China, including those made by US or European companies. The person said Chinese sales companies buy the products under the guise that they are for local markets, then they sell them to Russia.
The Russian organizer of the event predicted that cooperation with China will continue for a long time because Russia's electronics industry heavily depends on components from China.
Similar Readings (5 items)
Vietnam eyes diversified suppliers at defense expo
China trade fair seeks to shore up slumping exports
Russia opens annual international economic forum in St. Petersburg
New-energy vehicles in spotlight at Beijing motor show
China urges U.S. to stop sanctions on Chinese firms over allegedly supporting Russia
Summary
800+ Chinese firms participate in Russia's electronic parts exhibition, with half of participants being Chinese, amid Western semiconductor export restrictions. Chinese companies cite fierce domestic competition and increased Russian demand as reasons for expansion. One representative stated sales
Statistics
193
Words1
Read CountDetails
ID: c88cf2e3-857b-4dc0-bded-ec50fd531c9e
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250416_05/
Date: April 16, 2025
Created: 2025/04/16 07:00
Updated: 2025/12/08 04:51
Last Read: 2025/04/16 08:53