By Maya Lester KC & Michael O’Kane

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By Maya Lester KC & Michael O’Kane

US imposes $500k penalty for shipments to listed Chinese firm

4 November 2024

US imposes $500k penalty for shipments to listed Chinese firmTupungato/Shutterstock.com

The US Bureau of Industry and Security has imposed a civil penalty of $500k against GlobalFoundries US Inc., a semiconductor wafer manufacturer. According to the BIS order, GlobalFoundries shipped $17.1m worth of semiconductor wafers...

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Regimes / Regions

Sanctioning States

Maya Lester KC
By Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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