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 industrial complex
Remember GlobalFoundries? AMD’s ex-fab business is still estimated to be the third biggest semiconductor foundry in the world by revenue, thanks to its manufacture of chips for smart mobile devices, automotive, aerospace and defence, IoT and data center uses.
Now the company has fessed up to shipping $17 million worth of products to Chinese company SJ Semiconductor between February 2021 to October 2022 (via The New York Times). The Bureau of Industry and Security says that GlobalFoundries sent 74 different shipments of wafers over the course of this period, and as a result it would impose a fine of $500,000 for breaching the ongoing US-China chip trade restrictions.
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