The United States' sanctions on Russia have had a direct impact on Malaysia's chip industry. Malaysian semiconductor maker Jatronics SDN BHD is among the nearly 300 entities that were recently sanctioned by the US for their alleged links to Russia's military suppliers. Jatronics is accused of shipping electronic parts and components to Russia that are necessary for sustaining the conflict. The sanctions freeze any US assets held by the targeted entities and prohibit anyone under US jurisdiction from dealing with them. Jatronics had made over 50 deliveries to Russian companies, totaling more than $3 million, between April 2022 and September 2023. The shipments included microchips, semiconductors, and silicon wafers. The US is expected to take a tougher stance on countries that are perceived to be aiding its adversaries. [7fa18455]
Amir Hamzah, a representative from Malaysia's Ministry of International Trade and Industry (Miti), is investigating the US-sanctioned Jatronics. The investigation is focused on the automotive industry, specifically cars, bikes, and trucks. The government is taking the issue seriously and is actively looking into the matter. The article does not provide specific dates or timelines for the investigation. [b8a7ab5e]
According to the Malaysian Ministry of International Trade and Industry (Miti), Jatronics is not a registered exporter. Miti clarified that Jatronics is not listed as an exporter in their records and that they are investigating the matter. The US Department of Commerce had added Jatronics to the Entity List in May 2024 due to concerns over national security. Jatronics is a Malaysian company that specializes in the manufacturing and distribution of electronic components. [761fb663]