Samsung Electronics has suspended shipments of all products to Russia “due to the current geopolitical developments,” the company said on Saturday.
“We continue to actively monitor this complex situation to determine our next steps,” the company said.
Samsung declined to comment on whether it plans to cease services in Russia. The products that have been suspended include smartphones, semiconductors and consumer electronics, a person familiar with the matter told Bloomberg.
Shipping channels and flights into Russia have been halted after global shipping companies such as MSC and Maersk, which participated in sanctions, have decided to suspend all operations at Russian ports. South Korea’s shipping company Hyundai Merchant Marine also ceased its cargo service to St. Peterburg last week, disabling Korean companies such as Samsung, LG and Hyundai from sending products to Russia.
Last Friday, Mykhailo Fedorov, Ukr …
