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✉news TechnologySemiconductors first seen 22 h ago, last 8 min ago, peak #1

DOJ says $300 million chip smuggling ring shipped tech to China

Original: $300 million smuggling ring sent computer chips to China, DOJ alleges

The Justice Department alleges a smuggling operation funneled roughly $300 million worth of computer chips to China, in violation of US export controls. The case has been picked up across Fox-owned stations and is drawing attention because it touches on the wider effort to restrict advanced semiconductors from reaching China. Details about the defendants and how the scheme worked remain limited in early reports.

Why now: It lands amid heightened US-China tension over semiconductor export controls.

US Department of JusticeChinasemiconductor industry

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