U.S. Commerce Dept. 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, California-based Lam Research to Chinese companies under U.S. sanctions. This probe is part of a broader effort to enforce export controls and protect U.S. technology from being used by sanctioned entities. The investigation highlights concerns over the potential transfer of sensitive technology to countries that are subject to U.S. trade restrictions.