US Fines Major Chipmaker for Selling to Company Connected to Chinese Military

By Catherine Yang The U.S. Department of Commerce on Nov. 1 fined GlobalFoundries U.S. Inc. $500,000 for shipping chips to Chinese firm SJ Semiconductor, a company that has been sanctioned by the United States for its ties to the Chinese military. GlobalFoundries is headquartered in Malta, New York, and has 14 locations around the globe, […]