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US Commerce Department Fines GlobalFoundries For “Chip Export” To China’s SMIC, Raising Questions On Effectiveness of US Export Policies

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US Commerce Department Fines GlobalFoundries For "Chip Export" To China's SMIC, Raising Questions On Effectiveness of US Export Policies 1

After TSMC, the US Commerce Department reportedly fined GlobalFoundries for supplying chips to an "affiliate" of China's SMIC, raising huge concerns about the US's export policies. TSMC Is Now Followed By GlobalFoundries For Being Involved In "In-Direct" Chip Export To China With the gigantic demand for semiconductors in China, global foundry players are unable to leave out the Chinese markets despite the influence of international trade policies. China is seen as one of the biggest industries when it comes to both semiconductor demand/supply. Hence, foundries such as TSMC and GF cannot cope with the influence of regional markets. In a […]

Read full article at https://wccftech.com/us-commerce-department-fines-globalfoundries-for-chip-export-to-china-smic/

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