Applied Materials to pay $252 million to resolve illegal chip exports, US says

Reuters

02/12

<a href="https://laohu8.com/S/AMAT">Applied</a> Materials to pay $252 million to resolve illegal chip exports, US says

WASHINGTON, Feb 11 (Reuters) - The U.S. Department of Commerce on Wednesday announced a $252 million settlement with Applied Materials AMAT.O to resolve the company's alleged illegal exports of U.S. semiconductor manufacturing equipment to China.

(Reporting by Ismail Shakil and Jasper Ward; Editing by Muralikumar Anantharaman)

((Jasper.Ward@thomsonreuters.com;))

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