Datuk Seri Johari Ghani says no evidence has been presented to show Speedmatrix violated Malaysian law, but warns against using the country to bypass export controls.
Key takeaways
Malaysia's Investment, Trade and Industry Ministry has not opened an investigation into Speedmatrix Sdn Bhd, a subsidiary accused of helping bypass US AI chip export restrictions to China. Minister Johari Ghani stated no evidence of local law breaches has been received.
- Minister Johari Ghani said the ministry has not received evidence that Speedmatrix breached Malaysian laws.
- Malaysia stated it will not tolerate using the country to bypass international export controls.
- The ministry will assess any credible evidence or formal requests from foreign authorities according to local legal procedures.
Summarised automatically by AI from the original article by The Rakyat Post. AI can make mistakes, so check the original for details.
The Investment, Trade and Industry Ministry has yet to launch an investigation into Speedmatrix Sdn Bhd, the Malaysian subsidiary of a Singaporean company accused of helping circumvent US restrictions on artificial intelligence (AI) chip exports to China.
Investment, Trade and Industry Minister Datuk Seri Johari Ghani said the ministry had not received any evidence indicating that Speedmatrix had breached Malaysian laws.
Nevertheless, Johari stressed that Malaysia would not tolerate any attempt to use the country as a transit point to bypass international export controls.
“The government will not hesitate to act firmly against any company found to have violated Malaysian law.