US-sanctioned company not a semiconductor manufacturer, says Miti

Jatronics was recently added to the US Department of the Treasury’s sanctions list for alleged links with Russian military suppliers as a part of broader sanctions targeting 300 entities from various countries

KUALA LUMPUR: The Ministry of Investment, Trade and Industry (Miti) has clarified that a Malaysian company recently sanctioned by the US for having Russian military ties is a Malaysia-registered trading company and not a semiconductor manufacturer, as reported.

In a statement, the ministry said Jatronics Sdn Bhd, which has been alleged to supply electronic components to Russian firms linked to the military-industrial complex, is primarily engaged in "trading/wholesale of semiconductor and fabrication service".