Saturday, April 23, 2022

Ingas and Cryoin who supply 45% to 54% of the world's semiconductor-grade neon have shut down in Ukraine

 Some 45% to 54% of the world's semiconductor-grade neon, critical for the lasers used to make chips, comes from two Ukrainian companies, Ingas and Cryoin, according to Reuters calculations based on figures from the companies and market research firm Techcet. Global neon consumption for chip production reached about 540 metric tons last year, Techcet estimates.

Both firms have shuttered their operations, according to company representatives contacted by Reuters, as Russian troops have escalated their attacks on cities throughout Ukraine, killing civilians and destroying key infrastructure.

end partial quote from:

https://www.reuters.com/technology/exclusive-ukraine-halts-half-worlds-neon-output-chips-clouding-outlook-2022-03-11/

As a result only about 1/2 of the present levels of microchips can be built likely because of the loss of about 1/2 of the Neon for Lasers to make computer chips around the world. So, everything from trucks to cars to every chip in every computer is going to become more expensive. Also, food will become much more expensive if it has to be transported too because this will up the price for new and used vehicles whether they be trucks or cars worldwide too.

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