2022 shortage Global neon prices jumped by about 600% after the 2014 Russian annexation of Crimea, spurring some chip manufacturers to start shifting away from Russian and Ukrainian suppliers and toward suppliers in China. The 2022 Russian invasion of Ukraine also shut down two companies in Ukraine that produced about half of the global supply: Cryoin Engineering () and Inhaz (), located in Odesa and Mariupol, respectively. The closure was predicted to exacerbate the COVID-19 chip shortage,Ukraine war flashes neon warning lights for chips, Reuters, 25 February 2022 which may further shift neon production to China.
2022 shortage Global neon prices jumped by about 600% after the 2014 Russian annexation of Crimea, spurring some chip manufacturers to start shifting away from Russian and Ukrainian suppliers and toward suppliers i,n China. The 2022 Russian invasion of Ukraine also shut down two companies in Ukraine that produced about half of the global supply: Cryoin Engineering () and Inhaz (), located in Odesa and Mariupol respectively. The closure was predicted to exacerbate the COVID-19 chip shortage,Ukraine war flashes neon warning lights for chips, Reuters, 25 February 2022 which may further shift neon production to China.