$3M worth of AMD graphics cards seized by Chinese authorities
Chinese customs officials apprehended 5,840 graphics cards from entering one of the country's ports under mismatched documents. The value of which could exceed three million USD.
«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,» a statement from Chinese customs posted to social media website Weibo says [machine translated].
«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].»
Pictures of the graphics cards were taken during the inspection and show customs officials handling XFX-branded graphics cards. Website MyDrivers, which first spotted the original customs seizure, suspects the cards to be XFX Speedster SWFT 309 Radeon RX 6700 XT Core Gaming models.
AMD launched the RX 6700 XT almost one year ago to the day. It has an MSRP set at $479 USD, though it can often go for more in high-end third-party model garb, such as this XFX one, or due to lack of supply. At MSRP, 5,840 RX 6700 XT's would only net you a cheeky $2,797,360, but the higher number tallied by Chinese authorities may be down to these cards' higher value and inflated market prices.
Graphics cards are a precious commodity nowadays, and that could be why someone wanted to get these past customs without paying due import tax.
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