<p>➀ The US government has imposed a $500,000 fine on GlobalFoundries for violating export regulations by shipping over $17 million worth of wafers to SJ Semiconductor, which was on the entity list managed by the US Department of Commerce.</p><p>➁ SJ Semiconductor, a former majority-owned subsidiary of SMIC, was added to the entity list in 2020 but its shares were sold to other investors in 2021.</p><p>➂ GlobalFoundries sent 74 batches of wafers to SJ Semiconductor between February 2021 and October 2022, totaling over $17 million, despite the lack of any relationship with SMIC during that period.</p>
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