BIS Imposes $500,000 Mitigated Penalty Against GlobalFoundries For 74 Shipments to Entity Listed Chinese Firm

The U.S. Department of Commerce's Bureau of Industry and Security (BIS) has imposed a civil penalty of $500,000 on GlobalFoundries U.S. Inc. for violating U.S. export controls. The penalty stems…

Continue ReadingBIS Imposes $500,000 Mitigated Penalty Against GlobalFoundries For 74 Shipments to Entity Listed Chinese Firm