News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
GlobalFoundries Makes Deliveries to SMIC, which is Fined US$500K by US DOC
The U.S. Department of Commerce (DOC) fined GlobalFoundries (GFS.US), the world's third-largest foundry, US$500,000 for making 74 unauthorized deliveries of wafers worth US$17....
Reset
Send
The window will close in 5 seconds
GlobalFoundries Makes Deliveries to SMIC, which is Fined US$500K by US DOC
Close
Recommend
28
Positive
36
Negative
33
 
 

The U.S. Department of Commerce (DOC) fined GlobalFoundries (GFS.US)      , the world's third-largest foundry, US$500,000 for making 74 unauthorized deliveries of wafers worth US$17.1 million to SMIC (00981.HK)  +0.050 (+0.184%)    Short selling $247.20M; Ratio 14.058%   's SJ Semiconductor.

SMIC and SJ Semiconductor were added to the list of entities subject to trade restrictions in 2020. The U.S. alleged that SMIC has ties to the Chinese military, which SMIC denies.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-14 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsDBS Raises SMIC (00981.HK) TP to $37 as Firm Riding on Consumer Electronics Resurgence

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.