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Tom’s Hardware
Tom’s Hardware
Technology
Francisco Pires

Acer Subsidiary Scored $74 Million Profit in Russia Despite Sales Ban

Shipping Containers

Taiwan-based computer manufacturer Acer supplied at least $70.4 million worth of computer hardware to Russia, despite an international sales ban and its assertion that it would suspend its business on Russian soil. However, Reuters acquired customs data showing that Acer's wholly-owned subsidiary based in Switzerland produced and supplied equipment and services to Russia between April 8, 2022 and March 31, 2023.

It bears pointing out that there doesn't seem to be anything illegal in the way this equipment was sold: Switzerland's export restrictions mirrored that of the European Union during the April 2022 - March 2023 timeframe, so everything was legally exported out of Switzerland.

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