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Feb 2026 - Commerce-BIS Release - AMAT To Pay $252 Million Penalty To BIS For Illegally Exporting Semiconductor Manufacturing Equipment by theterracat is a document available to read on EtoBox.
Applied Materials Inc. and Applied Materials Korea, Ltd. have agreed to pay a $252 million penalty for illegally exporting semiconductor manufacturing equipment to China, marking the second-highest penalty imposed by the Bureau of Industry and Security (BIS). The violations occurred after the recipient company was placed on the Entity List, and the penalty is twice the value of the illegally shipped merchandise. As part of the settlement, AMAT will conduct audits of its export compliance program and has ter
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