The person most affected by the seizure? You guessed it, Frank Stallone.
A shipment of AMD graphics cards was seized by Chinese authorities. The lot of 5,840 graphics cards could be valued up to $3 million was entering Huanggang Port under mismatched documents, prompting customs to step in. As Chinese customs explained on Weibo:
Recently, when Meilin Customs and Huanggang Customs conducted a joint inspection of a company’s goods declared for import from Huanggang Port, it was found that 3 of the graphics card labels were covered by other labels.
It was found that the specifications and models displayed on the actual labels that were covered did not match the declared specifications and models, so the batch of graphics cards was sampled and submitted for inspection in accordance with the law. After identification, the actual specifications and models of 5,840 graphics cards did not match the declaration, and the value of the goods exceeded 20 million [Yuan]
The pictures seem to feature officials going through XFX-branded cards. MyDrivers, which initially spotted the seizure, believes them to be XFX Speedster SWFT 309 Radeon RX 6700 XT Core Gaming cards. Which may well be the case.
Computer parts, and graphics cards in particular, are a hot commodity right now. So it’s no surprise that someone might see a fair amount of value in not having to pay the import tax on them. And while the importer has not been named, it suspected to be XFX China, which is a division of the California-based XFX, itself owned by Hong Kong-based PINE Technology Holdings Limited. Chinese customs, however, refuses to reveal the importer. Supposedly the site for XFX China as well as its store were non-functional for a few days after the seizure, which some took as indication that they were the unknown importer. Both seem to be up now, though, so the point is probably moot.
As for the cards themselves, their fate is currently unknown. It’s unlikely they’ll be destroyed regardless of what happens, though, unlike illegal substances or the like. Its possible that the importer will pay the fees (as well as any fines) necessary to get their cargo back. If not, however, these sorts of things tend to simply get auctioned off.
Source: PC Gamer