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U.S. Probes Ronda Korea for Selling Lam Research Tech to Sanctioned Chinese Firms

May 30, 2024, 05:21 PM

The U.S. Commerce Department is investigating whether South Korean chip-equipment maker Ronda Korea has been selling components using technology developed by Fremont, Calif.-based Lam Research to Chinese companies under U.S. sanctions, sources say. This probe, reported by The Information, is part of a broader effort to enforce export controls and prevent the transfer of sensitive technologies to entities that may pose a national security risk.