Applied Materials, the largest US maker of chipmaking machinery, is facing investigations in the US for violating export restrictions to China.
In a filing to the US Securities and Exchange Commission, the company said it was under investigation by the US Attorney’s Office for the District of Massachusetts for certain shipments to China.
“In August 2022, we received a subpoena from the US Attorney’s Office for the District of Massachusetts requesting information relating to certain China customer shipments. We are cooperating fully with the government,” the company said in the filing.
To read this article in full, please click here
Applied Materials, the largest US maker of chipmaking machinery, is facing investigations in the US for violating export restrictions to China.In a filing to the US Securities and Exchange Commission, the company said it was under investigation by the US Attorney’s Office for the District of Massachusetts for certain shipments to China.“In August 2022, we received a subpoena from the US Attorney’s Office for the District of Massachusetts requesting information relating to certain China customer shipments. We are cooperating fully with the government,” the company said in the filing.To read this article in full, please click here Read More Computerworld
+ There are no comments
Add yours