United States of America: Bureau of Industry and Security investigation into GlobalFoundries over prohibited exports of semiconductor wafers
Progress
Current status
in force
01 Nov 2024 in force
Scope
Implementers
United States of America
Policy Area
International trade
Policy Instrument
Export licensing requirement
Regulated Economic Activity
semiconductors
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Issued Bureau of Industry and Security ruling following investigation into GlobalFoundries over prohibited exports of semiconductor wafers
On 1 November 2024, the Bureau of Industry and Security (BIS) at the Department of Commerce levied a USD 500'000 penalty on GlobalFoundries, a large contract chipmaker, for shipping chips without authorisation to SJ Semiconductor, an affiliate of bl…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
other regulatory body