SEOUL, Jan. 25 (Yonhap) – South Korea’s customs agency said Thursday it has caught two South Koreans for allegedly smuggling semiconductor chips produced by an American manufacturer to China worth more than 10 billion won (US$7.49 million).

The two officials of a foreign electronics distributing company, both in their 40s, were accused of exporting 96,000 U.S.-made computer chips worth 13.9 billion won combined to China without a customs declaration, according to the Korea Customs Service.

  • Varyk
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    10 months ago

    But they weren’t stopped before the chips were sent 144 times to China between 2020 and 2023?

    So China has received all of the chips already?