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font-style: italic; color: grey; line-height: 23px; } .tt-post { border: 0px solid #489bd4 !important; -webkit-box-shadow: 0 0px 0 0 #eaeaea !important; -moz-box-shadow: 0 0px 0 0 #eaeaea !important; box-shadow: 0 0px 0 0 #eaeaea !important; } @media only screen and (min-width: 769px) { .relatedsingle{ height: 396px; } .h1, .h2, .h3, h1, h2, h3, .tt-title-text{ margin-top: 0px !important; margin-bottom: 0px !important; } } #fkgUBk { display: none; } </style> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:description" content="US chipmaker GlobalFoundries has been fined by Washington for shipping chips to a banned Chinese supplier" /> <meta name="twitter:title" content="US Chipmaker Fined $500,000 for Chips Sent to China – NYT" /> <meta name="twitter:site" content="@ATFinancial_" /> <meta name="twitter:image" content="https://www.asiafinancial.com/wp-content/uploads/2024/09/chinca.jpg" /><script type="application/ld+json">{ "@context": "http:\/\/schema.org", "@type": "newsarticle", "inLanguage": "en", "url": "https:\/\/www.asiafinancial.com", "articleBody": " \r\n\r\nUS chipmaker <strong><a href="https:\/\/gf.com">GlobalFoundries<\/a><\/strong> has been fined $500,000 after confessing that it shipped products valued at over $17 million to a Chinese firm on a restricted trade list, according to a report by the New York Times, which said it sent 74 shipments of wafers to SJ Semiconductor from February 2021 to October 2022.\r\n\r\nSJ Semiconductor was put on the <strong><a href="https:\/\/www.bis.doc.gov\/index.php\/policy-guidance\/lists-of-parties-of-concern\/entity-list">Commerce Department's Entity List<\/a><\/strong> in December 2020 because it had ties to China's top chipmaker SMIC, which had dealings with the country's military complex and was deemed to pose a threat to US security, the report said.\r\n\r\nHowever, GlobalFoundries is a supplier to the US Defense Department and had a "history of exemplary compliance". It had also received $3.1 billion in grants to triple its production capacity in New York State under the government's Chips and Science Act. So, the company was given a relatively small penalty because it voluntarily disclosed the information and cooperated with government investigators.\r\n\r\nRead the <a href="https:\/\/www.nytimes.com\/2024\/11\/01\/us\/politics\/globalfoundries-chips-fine-china.html"><strong>full report: New York Times<\/strong><\/a>.\r\n\r\n \r\n<h3>ALSO SEE:<\/h3>\r\n<h4 class="reports-big-head"><a href="https:\/\/www.asiafinancial.com\/us-rules-to-limit-investment-in-chinas-chips-quantum-and-ai">US Rules to Limit Investment in China\u2019s Chips, Quantum and AI<\/a><\/h4>\r\n<h4 class="reports-big-head"><a href="https:\/\/www.asiafinancial.com\/tsmc-told-us-officials-its-chip-was-found-in-huawei-ai-product">TSMC Ends Dealings With Firm Seen as Proxy Buyer For Huawei<\/a><\/h4>\r\n<h4 class="reports-big-head"><a href="https:\/\/www.asiafinancial.com\/us-ban-on-investment-not-good-for-ai-sector-china-says">US Ban on Investment Not Good For AI Sector, China Says<\/a><\/h4>\r\n<h4 class="reports-big-head"><a href="https:\/\/www.asiafinancial.com\/us-panel-wants-investment-ban-on-critical-tech-sectors-in-china">US Panel Wants Investment Ban on Critical Tech Sectors in China<\/a><\/h4>\r\n<h4><a href="https:\/\/www.asiafinancial.com\/chinas-bid-to-cheat-a-way-to-chip-prominence-is-failing-envoy">China\u2019s Bid to \u2018Cheat\u2019 a Way to Chip Prominence is Failing: Envoy<\/a><\/h4>\r\n<h4 class="reports-big-head"><a href="https:\/\/www.asiafinancial.com\/us-plans-new-rules-for-cloud-firms-to-cut-off-china-ai-access">US Plans New Rules for Cloud Firms to Cut Off China AI Access<\/a><\/h4>\r\n<h4 class="reports-big-head"><a href="https:\/\/www.asiafinancial.com\/venture-capitalists-backing-china-put-democracy-at-risk-nyp">Venture Capitalists\u2019 Backing China Put Democracy at Risk \u2013 NYP<\/a><\/h4>\r\n<h4><a href="https:\/\/www.asiafinancial.com\/nvidia-to-stop-some-ai-chip-exports-to-china-immediately">Nvidia to Stop Some AI Chip Exports to China Immediately<\/a><\/h4>\r\n<h4><strong><a href="https:\/\/www.asiafinancial.com\/chinas-military-ai-bodies-still-buying-nvidia-chips-despite-us-ban">China\u2019s Military, AI Bodies Still Buying Nvidia Chips Despite US Ban<\/a><\/strong><\/h4>\r\n ", "articleSection": "Asia", "mainEntityOfPage": { "@type": "WebPage", "url": "https:\/\/www.asiafinancial.com\/us-chipmaker-fined-500000-for-chips-sent-to-china-nyt" }, "headline": "US Chipmaker Fined $500,000 for Chips Sent to China – NYT", "description": "US chipmaker GlobalFoundries has been fined by Washington for shipping chips to a banned Chinese supplier", "datePublished": "2024-11-05T10:37:11+00:00", "dateModified": "2024-11-05T10:37:11+00:00", "publisher": { "@type": "Organization", "name": "Asia Financial", "logo": { "@type": "ImageObject", "url": "https:\/\/www.asiafinancial.com\/wp-content\/themes\/atf\/images\/AF-logo-small.png", "width": "640", "height": "97" } }, "author": { "@type": "Person", "name": "Asia Financial" }, "image": { "@type": "ImageObject", "url": "https:\/\/www.asiafinancial.com\/wp-content\/uploads\/2024\/09\/chinca.jpg" } }</script> <script async src="https://www.googletagmanager.com/gtag/js?id=G-CNH68EHNDT"></script> <script> window.dataLayer = window.dataLayer || []; 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font-size: 12px; font-weight: 500; margin-top: 10px; color: #aaaaaa;"> China is looking create its own chip supply chain to break past challenges created by export curbs imposed by the United States and its allies. Image: Freepix, edited by Aarushi Agrawal. </figcaption> </figure> </div> <div class="content"> <p> </p> <p>US chipmaker <strong><a href="https://gf.com">GlobalFoundries</a></strong> has been fined $500,000 after confessing that it shipped products valued at over $17 million to a Chinese firm on a restricted trade list, according to a report by the New York Times, which said it sent 74 shipments of wafers to SJ Semiconductor from February 2021 to October 2022.</p> <p>SJ Semiconductor was put on the <strong><a href="https://www.bis.doc.gov/index.php/policy-guidance/lists-of-parties-of-concern/entity-list">Commerce Department’s Entity List</a></strong> in December 2020 because it had ties to China’s top chipmaker SMIC, which had dealings with the country’s military complex and was deemed to pose a threat to US security, the report said.</p> <p>However, GlobalFoundries is a supplier to the US Defense Department and had a “history of exemplary compliance”. It had also received $3.1 billion in grants to triple its production capacity in New York State under the government’s Chips and Science Act. So, the company was given a relatively small penalty because it voluntarily disclosed the information and cooperated with government investigators.</p> <p>Read the <a href="https://www.nytimes.com/2024/11/01/us/politics/globalfoundries-chips-fine-china.html"><strong>full report: New York Times</strong></a>.</p> <p> </p> <h3>ALSO SEE:</h3> <h4 class="reports-big-head"><a href="https://www.asiafinancial.com/us-rules-to-limit-investment-in-chinas-chips-quantum-and-ai">US Rules to Limit Investment in China’s Chips, Quantum and AI</a></h4> <h4 class="reports-big-head"><a href="https://www.asiafinancial.com/tsmc-told-us-officials-its-chip-was-found-in-huawei-ai-product">TSMC Ends Dealings With Firm Seen as Proxy Buyer For Huawei</a></h4> <h4 class="reports-big-head"><a href="https://www.asiafinancial.com/us-ban-on-investment-not-good-for-ai-sector-china-says">US Ban on Investment Not Good For AI Sector, China Says</a></h4> <h4 class="reports-big-head"><a href="https://www.asiafinancial.com/us-panel-wants-investment-ban-on-critical-tech-sectors-in-china">US Panel Wants Investment Ban on Critical Tech Sectors in China</a></h4> <h4><a href="https://www.asiafinancial.com/chinas-bid-to-cheat-a-way-to-chip-prominence-is-failing-envoy">China’s Bid to ‘Cheat’ a Way to Chip Prominence is Failing: Envoy</a></h4> <h4 class="reports-big-head"><a href="https://www.asiafinancial.com/us-plans-new-rules-for-cloud-firms-to-cut-off-china-ai-access">US Plans New Rules for Cloud Firms to Cut Off China AI Access</a></h4> <h4 class="reports-big-head"><a href="https://www.asiafinancial.com/venture-capitalists-backing-china-put-democracy-at-risk-nyp">Venture Capitalists’ Backing China Put Democracy at Risk – NYP</a></h4> <h4><a href="https://www.asiafinancial.com/nvidia-to-stop-some-ai-chip-exports-to-china-immediately">Nvidia to Stop Some AI Chip Exports to China Immediately</a></h4> <h4><strong><a href="https://www.asiafinancial.com/chinas-military-ai-bodies-still-buying-nvidia-chips-despite-us-ban">China’s Military, AI Bodies Still Buying Nvidia Chips Despite US Ban</a></strong></h4> <p> </p> <div class="tags"> </div> <div class="author-box"> <div class="profile_images"><img width="96" height="96" src="https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--96x96.jpg" class="avatar avatar-96 photo imgauthor" alt="" loading="lazy" srcset="https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--96x96.jpg 96w, https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--150x150.jpg 150w, https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--24x24.jpg 24w, https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--48x48.jpg 48w, https://www.asiafinancial.com/wp-content/uploads/2023/04/JP-Feb2020--300x300.jpg 300w" sizes="100vw" /></div> <div class="author-content"> <h3><a href="https://www.asiafinancial.com/author/jim">Jim Pollard </a></h3> <p style="font-size: 14px;"> Jim Pollard is an Australian journalist based in Thailand since 1999. 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