Ex-AMD fab GlobalFoundries has been fined $500K after admitting it shipped $17,000,000 worth of product to a company associated with China's military industri…
Now the company has fessed up to shipping $17 million worth of products to Chinese company SJ Semiconductor between February ...
Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped ...
US Fines Chipmaker $500,000 For Selling To Blacklisted Chinese Company
GlobalFoundries sent SJ Semiconductor 74 shipments worth $17.1 million without seeking a license, the Commerce Department ...
Digi Times2d
GF faces penalties for shipments to SJS despite SMIC, JCET divesting stakes
The US Department of Commerce's Bureau of Industry and Security (BIS) announced on November 1 that GlobalFoundries (GF), a US ...
US fines GlobalFoundries for shipping chips to sanctioned Chinese firm
The U.S. said on Friday it imposed a $500,000 penalty on New York-based GlobalFoundries , the world's third-largest contract ...
JD Supra2d
BIS Imposes $500,000 Penalty on Semiconductor Manufacturer for Entity List Violations
On November 1, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) imposed a $500,000 monetary penalty on ...
Datacenter Dynamics1d
TSMC and GlobalFoundries finalize CHIPS Act funding agreements
Two months later, TSMC was awarded $11.6 billion in CHIPS Act funding, made up of $6.6 billion in grants and an additional $5 ...
South China Morning Post on MSN6d
US penalises GlobalFoundries US$500,000 for shipping chips to Chinese firm
In a statement, the US Commerce Department said GlobalFoundries sent 74 shipments worth US$17.1 million to SJ Semiconductor, ...
Datacenter Dynamics4d
GlobalFoundries fined for shipping wafers to sanctioned Chinese firm
GlobalFoundries (GF) has been fined $500,000 by the Department of Commerce for shipping chip components to a company on the ...
The Taipei Times3d
Vanguard profit surges; shipments tipped to fall
Contract chipmaker Vanguard International Semiconductor Corp (世界先進) yesterday posted its strongest profit in three quarters ...
Hosted on MSN6d
GlobalFoundries fined $500,000 for restricted chip exports to Chinese firm on U.S. entity list — chipmaker shipped $17 million worth of silicon wafers to China’s SJ ...
GlobalFoundries is said to have shipped 74 orders, totaling $17.1 million, to SJ Semiconductor, a SMIC affiliate, without obtaining the required license.
Yahoo Finance7d
US fines GlobalFoundries for shipping chips to sanctioned Chinese firm
In a statement, the Commerce Department said GlobalFoundries sent 74 shipments worth $17.1 million to SJ Semiconductor, an affiliate of SMIC, without seeking a license. Both SMIC and SJ ...