Commerce Probing Korean Companies for Possible Export Control Violations, Report Says
The Commerce Department is investigating Ronda Korea, a manufacturer of parts for semiconductor equipment, and other South Korean equipment makers for possibly violating U.S. export controls by selling to restricted Chinese companies, The Information said in a May 30 report.…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The agency is specifically probing Ronda Korea for potentially selling parts to “sanctioned” Chinese companies using technology developed by Lam Research, a U.S. chip equipment maker, the report said. A Bureau of Industry and Security spokesperson didn’t respond to our request for comment.