The Californian AI chip-part maker admitted to breaching export controls based on a misunderstanding that the regulations didn’t apply to items that underwent a “substantial transformation” abroad. Filed under China South Korea USA White Collar Crime Topics Artificial intelligence Corporate liability Corporate penalties Enforcement Export control Organisations Applied Materials Huawei Seagate Technology Semiconductor Manufacturing International US Bureau of Industry and Security US Department of Justice US Securities and Exchange Commission Laws Export Administration Regulations (USA) Industries Computer & electronics retailers Consumer & retail Hardware, devices & electronic equipment Technology Telecommunications Telecoms & networking equipment
