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Technology Stocks : MAXIM Integrated Products
MXIM 103.140.0%Sep 1 5:00 PM EST
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To: JakeStraw who wrote (365)5/18/2005 10:56:46 AM
From: Proud_Infidel  Read Replies (1) of 377
 
Hijacked parts from Maxim being sold in Asia

Mark LaPedus
EE Times
(05/17/2005 10:52 PM EDT)

SAN JOSE, Calif. — Maxim Integrated Products Inc. on Tuesday (May 17) said that it has been notified by authorities that the untested parts that were hijacked in Malaysia have been smuggled out of that country and are being offered in the Asian markets.

Chip maker Maxim (Sunnyvale, Calif.) last month said that some $2.2 million worth of untested chips were stolen in Malaysia. A truck that was forwarding the company's devices was hijacked in Malaysia on April 16. The truck belonged to the NNR line, according to the company.

The company said it is in the process of notifying the customers for whom these parts were intended. It is offering a reward of $50,000 for evidence that leads to the arrest and conviction of the responsible parties, including the recovery of the parts.

Maxim reiterates that although these units are marked and appear complete, they have not gone through its entire manufacturing process, including final test. It is therefore possible that using these untested devices in systems could cause the systems to fail. The failure rate could be as high as 30 percent, the company said.

The part numbers and date codes of the stolen units can be accessed via the Internet by going here.

maxim-ic.com
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