Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China

HomeAsian NewsChipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China

Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China

Published on

November 2, 2024

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 products to a firm linked with China’s military industrial complex.

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Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China

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