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Chip smuggling operation that sent 53,000 banned American chips to China gets busted — $12 million worth of chips funneled through South Korean company
The largest smuggling operation we have seen by value.
Although many smaller-scale smugglers have tried to bring consumer CPUs and GPUs into China in the past, this operation involved chips made to convert analog signals to digital. The previous record holder in news we have covered was an attempt to smuggle $4 million worth of CPUs, SSDs, and other electronics from Hong Kong to China. The would-be smuggler similarly incorrectly declared his goods to customs officials, who weren't fooled and subsequently busted the plot.
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