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Chinese customs seize thousands of GPUs from XFX

Byadmin

Mar 14, 2022
Technology 1Technology 1

Bottom line: Chinese authorities seized a shipment of XFX GPUs this week at a port on the Hong Kong-Shenzhen border. It featured 5,840 GPUs identified by local media as primarily AMD Radeon RX 6700 XTs on their way to XFX’s Chinese sales partners.

According to a report from China Customs, the shipment was seized after a routine inspection found three mislabeled GPUs. A subsequent investigation revealed that the company that shipped them had listed them all with the wrong names and specifications.

Officials say the shipment’s value is more than ¥20 million ($3.15 million).

Authorities did not mention XFX by name, but a video posted on Weibo on Saturday shows officials opening the shipment where the XFX logo is clearly visible. The Chinese company’s website is currently down and Alibaba-run store Tmall has stopped listing its products. China-based online retailer JD continues to sell them.

Though owned by Hong Kong-based Pine Technology Holdings, XFX is headquartered in California. The hardware company’s activities outside of China continued as usual.

It is required to pay import taxes when shipping products to China, which XFX may have been trying to avoid by mislabeling its GPUs. According to the Chinese outlet My Drivers, the practice is common among OEMs shipping to China.

This post Chinese customs seize thousands of GPUs from XFX

was original published at “https://www.techspot.com/news/93756-chinese-customs-seize-thousands-gpus-xfx.html”

By admin