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Applied Materials settles with BIS for US$252.5 million over SMIC shipments

Jingyue Hsiao, DIGITIMES Asia, Taipei Thursday 12 February 2026 0

Credit: AFP

Applied Materials, a Santa Clara-based semiconductor equipment maker, has reached a US$252.5 million settlement with the US Department of Commerce's Bureau of Industry and Security (BIS) to resolve allegations of illegal exports to China. The penalty...

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