Live updates: follow the latest news on Russia-Ukraine
Samsung Electronics has suspended product shipments to Russia, joining a growing list of companies from Apple to Microsoft that are halting sales and services in the country following its attack on Ukraine last week.
The South Korean tech giant is actively monitoring the complex situation, the company said. Exports to Russia of all Samsung products ranging from chips to smartphones and consumer electronics have been suspended, a person familiar with the matter said.
“Our thoughts are with everyone who has been impacted and our priority is to ensure the safety of all our employees and their families,” Samsung said. The company is donating $6 million, including $1m in consumer electronics products, to humanitarian efforts in the region.
Tensions increased on Friday after Ukraine said that Russian forces attacked a nuclear power plant in the south-east part of the country, raising the stakes in the war and prompting calls for an even more robust response to the Kremlin’s aggression.
The EU, US and UK have compiled an extensive list of sanctions in an effort to isolate the country, financially, economically and technologically.
Beyond concerns about the war, operating in Russia has become challenging for outside companies, given the sanctions, a US ban on transactions with the country’s central bank and a precipitous decline in the rouble.
Microsoft on Friday condemned Russia’s “unjustified, unprovoked and unlawful invasion” of Ukraine and said it’s suspending all new sales of products and services in Russia.
Apple has halted sales of iPhones and started limiting Apple Pay services and other popular products in Russia, and removed the RT News and Sputnik News applications from App Stores outside the country. HP, the largest supplier of PCs to Russia, has stopped exports to the country as has Intel.
Before the Samsung announcement, Mykhailo Fedorov, who serves as Ukraine’s vice prime minister and oversees digital operations, sent a letter to Samsung vice chairman Han Jong-hee to urge the Korean tech giant to temporarily cease supplying services and products to Russia.
“We believe that such actions will motivate the youth and active population of Russia to proactively stop the disgraceful military aggression,” Mr Fedorov said in the letter which was posted on Friday on his Twitter account.
“We need your support – in 2022, modern technology is perhaps the best answer to the tanks, multiple rocket launchers and missiles targeting residential neighbourhoods, kindergartens and hospitals.”
Suwon, Korea-based Samsung is the leading smartphone seller in Russia, with a market share that’s slightly above 30 per cent. Smartphone sales in Russia account for about 4 per cent of the company’s global revenue from the devices. Semiconductor sales account for less than 0.1 per cent, according to a report by Hana Financial Investment. Samsung also has a TV production plant in Kaluga, Russia.
We need your support – in 2022, modern technology is perhaps the best answer to the tanks, multiple rocket launchers and missiles targeting residential neighbourhoods, kindergartens and hospitals
Mykhailo Fedorov,
vice prime minister of Ukraine
Although South Korea has received an exemption from the US export controls on Russia, the suspension of shipping channels and flights into the country would make it difficult for Korean companies to send products to the region anyway. Korean Air Lines said on Friday that it would skip its cargo services to Moscow for two weeks, while ocean carrier HMM halted bookings in and out of St Petersburg.
The Korean government said last week that the war in Ukraine would have a limited impact on the economy in the short term as its trade exposure is minimal. It warned that prolonged tensions could turn negative due to supply disruptions, uncertainties in financial markets and a slow economic recovery.
Exports to Russia accounted for 1.5 per cent of South Korea’s total exports last year, while imports totalled 2.8 per cent, according to the finance ministry.
Profile of MoneyFellows
Founder: Ahmed Wadi
Launched: 2016
Employees: 76
Financing stage: Series A ($4 million)
Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund
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Mina Cup winners
Under 12 – Minerva Academy
Under 14 – Unam Pumas
Under 16 – Fursan Hispania
Under 18 – Madenat
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
THREE
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EA Sports FC 26
Publisher: EA Sports
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Rating: 3/5
Sholto Byrnes on Myanmar politics
BMW M5 specs
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Engine: 51.5kW electric motor
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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
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GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
THE SPECS
Range Rover Sport Autobiography Dynamic
Engine: 5.0-litre supercharged V8
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UAE currency: the story behind the money in your pockets
RESULTS
Men
1 Marius Kipserem (KEN) 2:04:04
2 Abraham Kiptum (KEN) 2:04:16
3 Dejene Debela Gonfra (ETH) 2:07:06
4 Thomas Rono (KEN) 2:07:12
5 Stanley Biwott (KEN) 2:09:18
Women
1 Ababel Yeshaneh (ETH) 2:20:16
2 Eunice Chumba (BRN) 2:20:54
3 Gelete Burka (ETH) 2:24:07
4 Chaltu Tafa (ETH) 2:25:09
5 Caroline Kilel (KEN) 2:29:14
Company profile
Name: Tratok Portal
Founded: 2017
Based: UAE
Sector: Travel & tourism
Size: 36 employees
Funding: Privately funded
THE DRAFT
The final phase of player recruitment for the T10 League has taken place, with UAE and Indian players being drafted to each of the eight teams.
Bengal Tigers
UAE players: Chirag Suri, Mohammed Usman
Indian: Zaheer Khan
Karachians
UAE players: Ahmed Raza, Ghulam Shabber
Indian: Pravin Tambe
Kerala Kings
UAE players: Mohammed Naveed, Abdul Shakoor
Indian: RS Sodhi
Maratha Arabians
UAE players: Zahoor Khan, Amir Hayat
Indian: S Badrinath
Northern Warriors
UAE players: Imran Haider, Rahul Bhatia
Indian: Amitoze Singh
Pakhtoons
UAE players: Hafiz Kaleem, Sheer Walli
Indian: RP Singh
Punjabi Legends
UAE players: Shaiman Anwar, Sandy Singh
Indian: Praveen Kumar
Rajputs
UAE players: Rohan Mustafa, Ashfaq Ahmed
Indian: Munaf Patel
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It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
