'The Bureau of Industry and Security said GlobalFoundries had sent 74 different shipments of wafers to SJ Semiconductor, which was on a restricted trade list.'
'The Biden administration has fined GlobalFoundries $500,000 for violating trade restrictions, highlighting the importance of vigilance in semiconductor exports.'
'The penalty is notably smaller due to GlobalFoundries’ voluntary disclosure and cooperation with the investigation, reflecting a balanced approach to enforcement.'
'Matthew S. Axelrod emphasized the need for U.S. companies to be hypervigilant when shipping semiconductor materials to Chinese entities to protect national security.'
Collection
[
|
...
]