Applied Materials to Pay $252 Million Penalty to BIS ...

AMAT's case is much worth, intentional at company level directly: In 2021 and 2022, AMAT violated BIS’s requirement to obtain a license before shipping to a company on the Entity List by shipping ion implanters first to AMK in Korea for assembly, and then onward to China, without applying for and receiving an export license. The value of merchandise illegally shipped was approximately $126 million.