SEMICONDUCTOR SHIPPER SETTLES ILLEGAL EXPORT CHARGES WITH BXA
The U.S. Commerce Department’s Office of Export Enforcement has imposed a $15,000 civil penalty on LTX Corp. for allegedly exporting U.S.-origin semiconductor test equipment to a consignee on the agency’s Denied Person list.
The Westwood, Mass.-based semiconductor shipper exported equipment to Realtek Semiconductor Co., Ltd., based in Taipei, Taiwan from 1995 to 1996. Denied persons are individuals or businesses that are prohibited from exporting or receiving exports of U.S.-origin goods.