WASHINGTON :3D Systems Corp on Monday agreed to pay up to $27 million to settle with the U.S. for illegally exporting to China controlled design drawings for military electronics and spacecraft, among other violations.
The emails included design drawings for aerospace technology that required U.S. export licenses. It also illegally sent documents to Germany where it had a server for employee emails without the required licenses. Besides the Commerce Department, the company also settled with the U.S. Department of Justice and the U.S. Department of State.
Its settlement calls for $2.27 million payable within 30 days, and another $2.27 million it fails to pay at least that amount to the other agencies.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »