✉news TechnologySemiconductors first seen 1 d ago, last 5 h ago, peak #1
DOJ alleges $300 million chip smuggling ring to China
Original: $300 million smuggling ring sent computer chips to China, DOJ alleges
The US Department of Justice says it has broken up a smuggling network that allegedly shipped roughly $300 million worth of computer chips to China, in violation of US export controls. The announcement is drawing wide coverage across news outlets, with attention focused on how advanced semiconductors were illicitly obtained and moved abroad despite tightening restrictions on sensitive technology exports.
Why now: US export controls on advanced chips bound for China are a major flashpoint in technology and geopolitical tensions.
US Department of JusticeChinasemiconductor industry
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Evidence
- $300 million smuggling ring sent computer chips to China, DOJ alleges · livenowfox.com
- $300 million smuggling ring sent computer chips to China, DOJ alleges · FOX 29 Philadelphia
- $300 million smuggling ring sent computer chips to China, DOJ alleges · FOX 13 Seattle
- $300 million smuggling ring sent computer chips to China, DOJ alleges · LiveNOW from FOX
- $300 million smuggling ring sent computer chips to China, DOJ alleges · FOX 10 Phoenix
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