#Export controls

The US Treasury announced its first penalty under outbound investment rules, fining Amidi, LLC US$200,000 for failing to report a US$92,478 investment in Shanghai Qiongche Intelligent Technology, a robotics AI company. The Treasury said the parent of Plug and Play Tech Centre's Chinese fund subsidiary did not submit the required notification.

US President Donald Trump pressed Chinese counterpart Xi Jinping to roll back China's export curbs on Japan during their meeting in Washington last month, urging talks between the Chinese and Japanese leaders. Xi also warned Trump about the growing risks of Japanese militarism during the sit-down. Tokyo seeks to manage mounting pressure from Beijing.

The Pentagon announced a new initiative worth around US$350 million aimed at maintaining American leadership in quantum computing capabilities. The Office of the Under Secretary of Defence for Research and Engineering said the funding addresses accelerating competition between the US and China over military applications of advanced technology.

The U.S. Commerce Department's Bureau of Industry and Security (BIS) has reached an administrative enforcement settlement with Lambda Research Corporation. No further details about the settlement terms or alleged violations were available in the press release.

OFAC added 24 individuals and 30 entities to the SDN List. The designations include a Chinese national (Li Fen) and a Hong Kong company (EC MOJO TECHNOLOGY CO LIMITED) linked to an Iranian WMD proliferation network, as well as multiple Mexico-based individuals and entities tied to the Sinaloa Cartel. Iranian entities include KAVOSHCOM ASIA R AND D GROUP and its subsidiaries, linked to Iran's Ministry of Defense and Armed Forces Logistics.

The Xi-Trump meetings produced a new framework describing US-China relations as a 'constructive strategic stability relationship based on respect, fairness, and reciprocity.' The two-month tariff extension pushes the November 10 deadline to January 10, 2027. The State Council executive meeting signaled potential Q4 stimulus including property market stabilization policies. Questions remain about whether Nvidia will receive licenses for more AI chips to China.

The Bureau of Industry and Security (BIS) reached an administrative enforcement settlement with Container Manufacturing Ltd. No further details about the settlement terms or violations were provided in the announcement.

The U.S. Bureau of Industry and Security (BIS) has reached an administrative enforcement settlement with Plexon, Inc. The settlement resolves an enforcement matter; specific terms were not disclosed in the available filing.

Robert Bosch GmbH agreed to pay a $36.18 million penalty to the Commerce Department's Bureau of Industry and Security for exporting approximately $72.4 million worth of MEMS sensors and automotive software to Huawei between September 2020 and September 2024 without the required export license. Bosch received credit for filing a Voluntary Self-Disclosure and cooperating with the investigation, with $3.6 million of the penalty suspended. The case was investigated by BIS's Office of Export Enforcement.

The Bureau of Industry and Security (BIS) has reached an administrative enforcement settlement with Coastal PVA Technology, Inc. The settlement resolves the case related to export control violations. Specific terms of the settlement were not disclosed.

The Bureau of Industry and Security (BIS) reached an administrative enforcement settlement with Solventum Corporation. The settlement was finalized by order. The specific terms and any monetary penalties were not disclosed in the available documents.

The U.S. Commerce Department's Bureau of Industry and Security reached an administrative enforcement settlement with Teledyne FLIR LLC and its affiliates, including FLIR Optoelectronic Technology (Shanghai) Co. Ltd. and Teledyne FLIR Commercial Systems Inc. The settlement addresses alleged violations of export control regulations.

The Commerce Department's Bureau of Industry and Security announced a settlement with Applied Materials Inc. and its Korean subsidiary, requiring them to pay a $252 million penalty for illegal exports of semiconductor manufacturing equipment to China. AMAT routed ion implanter shipments through Korea to a blacklisted Chinese company without the required export license.

BIS issued a rule revising its licensing policy for semiconductor exports to China, reviewing export license applications for the Nvidia H200, AMD MI325X and similar chips on a case-by-case basis when security requirements are met.

The U.S. Bureau of Industry and Security (BIS) imposed an administrative penalty on Exyte Management GmbH. The penalty was announced on an official U.S. government website.

The U.S. Bureau of Industry and Security (BIS) has reached an administrative enforcement settlement with Luminultra Technologies, Inc. The announcement did not disclose the specific terms or violations involved in the case.