Reported about 2 months ago
TE Connectivity has agreed to pay $5.8 million to the U.S. Department of Commerce after being found guilty of illegally shipping components to Chinese entities involved in military programs. The company violated export control laws 79 times from 2015 to 2019, prompting an investigation that revealed significant exports to entities on a restricted list. TE Connectivity cooperated with authorities in reporting the violations and expressed its commitment to compliance.
Source: YAHOO