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    Categories: 2023

Armenia Ranks Fourth in Semiconductor Exports for Defense Industry

Fagen Wasanni Technologies
Poland –

Armenia has emerged as the world’s fourth largest exporter of semiconductors for the defense industry, according to Azernews. Following Russia’s invasion of Ukraine, Armenia saw a significant increase in semiconductor exports to Russia, making it a key player in this market segment.

The volume of semiconductor exports from Armenia to Russia has steadily grown since the beginning of the war. The growth in exports highlights Armenia’s ability to meet the demand for semiconductors in the defense industry.

It is worth noting that the majority of Armenia’s semiconductor exports to Russia are re-exports. Armenia relies on imports for the production of semiconductors and complex equipment, as the country does not have the capability to manufacture them domestically.

Despite its involvement in providing substantial assistance to Russia during the war in Ukraine, Armenia has not faced any significant sanctions from the international community. This underscores the double standards of the West in dealing with such situations.

Armenia’s rise as a major player in the semiconductor exports for the defense industry demonstrates the country’s potential in this sector. The growth in exports also indicates Armenia’s ability to meet the needs of its partners in the defense industry.

Yeghisabet Arthur: