2023/10/19

EU's Iron and Steel Sanction Against Russia Imposes No Material Impact on Nanya Technology

Background Information: In accordance with the Article 3 (g) of Council Regulation (EU) 833/2014, the sanctions that the EU has imposed against Russia include prohibiting iron and steel products processed in a third country from using inputs directly or indirectly imported or purchased from Russia.

Reactive Statement: Nanya Technology has immediately verified with its suppliers and confirm that the sanction has no material impact on the Company's operation.